Source One Will Present “Measurement and Reporting of Cost Savings” for Supply Chain and Business Executives

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The Leading Procurement Service Provider to Deliver Keynote Address in Baltimore

Our presentation defines the different types of cost savings and we will provide measurement tools that procurement professionals can use to develop meaningful reports.

William R. Dorn, Jr. and Joseph Payne, of Source One Management Services, LLC and co-authors of “Managing Indirect Spend: Enhancing Profitability Through Strategic Sourcing,” will serve as keynote speakers at Corporate United’s membership meeting, “Measurement and Reporting of Cost Savings” on August 16, 2012, hosted by a corporate GPO member in Baltimore, Maryland.

“We will go in depth into the subject of cost savings with a member presentation on Value add Savings Formulas, and other discussions around tools for tracking savings detail and dashboards for high level information. We also expect to have a presentation from the Finance perspective,” said Charles Davlin of Corporate United.

“Our presentation defines the different types of cost savings and we will provide measurement tools that procurement professionals can use to develop meaningful reports. We will highlight sustainable tracking tips and review ‘Next Practices Reporting’ including compliance and lost savings reports,” said Payne, Vice President of Professional Services.

Over twenty procurement professionals from leading multi-national companies are expected to attend this intimate event. All attendees and speakers are invited to an Orioles game at Camden Yards immediately following the meeting.

Dorn and Payne were featured speakers at Corporate United’s SYNERGY 2012 earlier this year where they presented to sourcing and procurement professionals as well as economic and business leaders.

As the nation’s largest group purchasing organization, Corporate United takes great pride in providing its stakeholders with a robust forum each year to learn, share best practices and network. SYNERGY 2012 will provide attendees the opportunity to learn from some of today’s most innovative supply chain executives. The conference will include educational sessions led by noted industry experts, an opportunity to meet with suppliers, networking sessions, and social events. If you are interested in attending this meeting, contact Davlin at cdavlin(at)corporateunited.com.

Dorn leads change management, efficiency improvements and technology selection and development for Source One and its clients. His areas of expertise include strategic sourcing, manufacturing, business process reengineering, and technology. He has extensive experience in large scale projects for Fortune 500 and other large institutional clients. Dorn holds a Bachelor’s Science Information Technology, focused on Business Systems Analysis, and an Associate’s degree in Electronics Technology and Mechanical Engineering. He is a certified Six Sigma Black Belt.

Dorn co-authored “Managing Indirect Spend: Enhancing Profitability Through Strategic Sourcing,” published by John Wiley & Sons in 2011. He is the blog master and frequent contributor to the StrategicSourceror.com blog and is the driving force behind the development of the world’s only free e-sourcing platform, http://www.WhyAbe.com.

Payne helps companies reduce costs and manage change. He leads a team of project managers and analysts, developing insights into the challenges organizations face when undertaking initiatives to reduce costs through strategic sourcing and negotiation best practices. His areas of expertise include strategic sourcing, supplier relationship management, business process reengineering, and financial reporting. Payne has extensive experience helping Fortune 500 companies and mid-market organizations implement sustainable cost savings programs. Payne holds a Bachelor's Degree in Operations and Information Management from the University of Scranton.

He co-authored “Managing Indirect Spend: Enhancing Profitability Through Strategic Sourcing,” published by John Wiley & Sons in 2011.

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Source One Management Services, LLC is a leading procurement services consultancy, who has been providing procurement transformation, spend management, strategic sourcing and cost reduction services since 1992. Source One helps organizations reduce the costs for the common and not-so-common products and services that they use daily to run their businesses. Source One’s services reduce the overall cost of acquisition through the application of proven sourcing and purchasing strategies, best practices, people and technologies.

Learn more about Source One on the web at http://www.SourceOneInc.com

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Madlen Miller
Source One Management Services, LLC
(215) 902-0200
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