“Good resolutions are like babies crying in church. They should be carried out immediately.” - Charles M. Sheldon
What changes you will make so 2023 is a great year?
Today’s post is by Dave Wenig is the Senior Vice President of Sales and Services at SafeSourcing Inc.
“Good resolutions are like babies crying in church. They should be carried out immediately.” – Charles M. Sheldon
This might be one of my favorite quotes about New Year’s resolutions. Procurement professionals need to set their goals and set about executing them.
Here is the problem… something always seems to get in the way. The timing is not perfect, a new solution might be available next year, the costs are up right now, etc.
There is no time like the present to get started. Delaying will be costly. Here is an example to consider. A customer of ours recently sourced their plastic garbage can liners. The estimated savings is around 25%. That means if the product used to cost $1,000,000 annually, it will now be $250,000 less. If they waited and had not gotten around to sourcing that product for another month, they would have overpaid by another $20,000 for another month. Pretty simple.
What if they delayed sourcing that product and then something else came up that distracted them the next month? You get the idea.
If you need help setting and achieving your resolutions for 2023, give us a call. We are happy to help you make 2023 a great year for procurement. For more information, please contact SafeSourcing.