I hope that you have enjoyed the article “Cost Savings: Tips For Recording Them.”

Don’t miss updates on Procurement & Supply Chain, Subscribe here!

Before I started Next Level Purchasing, I had worked on developing a software package that logged and reported cost savings. I think I still have the prototype on a old Texas Instruments laptop at home.

If I get the chance, I’ll take a look at the prototype and see if there were any additional features of a cost savings log that I omitted in the article. I put a lot of research into how companies record their cost savings, so there may be a nugget or two that I’ve forgotten about.

I’ll be sure to post here if I find anything worthwhile.

To Your Career,
Charles Dominick, SPSM
Next Level Purchasing, Inc.
Struggling To Have A Rewarding Purchasing Career?
Earn Your SPSM Certification Online At

Charles Dominick, SPSM, SPSM2, SPSM3

Charles Dominick, SPSM, SPSM2, SPSM3 is an internationally-recognized business expert, legendary procurement thought leader, award-winning entrepreneur, and provocative blogger. Charles founded the Next Level Purchasing Association in 2000, oversaw its incredible growth, and successfully led the organization to its acquisition by the Certitrek Group in 2016. He continues to blog and provide advisory services for the NLPA on a part-time basis as he incubates his upcoming business innovations. Charles is also the co-author of the wildly popular, groundbreaking book, "The Procurement Game Plan: Winning Strategies & Techniques For Supply Management Professionals."

More Posts