Solving the disconnect between finance, who only wants to see bottom-line savings improvement, and sourcing, who believes that any costs taken out of a contract should be considered savings, is a perennial headache for procurement practitioners. In this working group, you’ll put your heads together and develop strategies for potentially solving this conflict.

• Why doesn’t a standard definition for savings exist across departments and organizations? Should there be one?
• Reinvestable vs harvestable savings- should you only take on projects that will be recognized?
• Changing incentive structures so procurement has reason to tackle soft savings
• Methodologies for tracking savings
• Getting procurement, finance, and the stakeholders in alignment- can it be done? Should it?