Categories and Descriptions.pdf

The document provides a comprehensive overview of various categories related to cost savings and revenue generation in the procurement process. It includes descriptions of different strategies and methods such as cost containment, audit savings, buyer innovation, cost avoidance, energy contract savings, improved business processes, negotiated savings, shared service savings, and revenue generation. Each category outlines specific actions or approaches that can be taken to achieve savings or increase revenue, emphasizing the importance of efficient procurement practices and strategic negotiations with vendors.