ART - Boilerplate Report - Purchase Cost Increase/Reduction/Avoidance Rep

The document is a Purchase Cost Increase/Reduction/Avoidance Report. It includes information about a purchase, such as the quantity, purchase order number, present supplier, previous supplier, commodity number, estimated annual usage, present cost, previous cost, increase/decrease per unit, and total annual savings or cost avoidance increase. The report also includes information about multiple items quoted, their quantities, previous costs, and present costs by different vendors. The document further mentions the savings accomplished by each vendor, including substitution, terms negotiation, change in specs, new source, transportation, standardization, volume analysis, and other factors. The report concludes with a section for describing the accomplishment and action taken, followed by a space for the buyer's signature and the date.