Seminar & Workshop: Strategic cost management and value delivery

Procurement leaders today need to go beyond traditional cost-cutting to uncover opportunities for efficiency, innovation, and value creation. This one-day seminar provides a deep dive into advanced cost management techniques that empower executives to optimize procurement strategies for long-term impact.

Participants will explore tools like should-cost analysis, cost-to-serve modeling, and value engineering to streamline costs while enhancing quality and functionality. Practical exercises and real-world examples will help attendees apply these concepts in their organizations, enabling them to align cost optimization with broader corporate objectives. By the end of the day, attendees will leave with actionable insights and tools to drive measurable cost efficiency and position procurement as a strategic enabler of business success.

Key content:       

• Applying advanced cost management techniques beyond TCO, including should-cost analysis, cost-to-serve, and sustainability costing.
• Using value engineering to enhance product and process efficiency.
• Identifying and eliminating non-value-added spend across categories.
• Shaping procurement’s role in cross-functional cost reduction initiatives.
• Leveraging analytics to optimize cost structures strategically.

Martin Dyg Jensen – Shift Consult