Print Procurement Strategy [Headline goes here] 4 Key Pillars of Procurement Control Centralised information leads to better decision making. Single point of truth. Monthly reporting gives detailed information on marketing spend Efficiency A single system is always more efficient that trying to connect numerous systems Artwork in one place and no need to search Understand supply chain and place work with the most suitable supplier (capacity and capability) Quality Each job is measured for quality and on time delivery, and a quality profile of each supplier is generated Suppliers quality varies and this is reviewed constantly (objective) Suppliers that fail quality standards are removed from the panel Cost Effectiveness Use reference price to determine savings Recurring jobs are measured against historical prices Cost Reduction (like for like, similar, value engineering, inflation) Guaranteed Savings Non-recurring jobs - each item is benchmarked against the market and savings of 25% or more are available. Cost Avoidance, CMB Minimum number of quotes, capping