Bigs Quote by Jason Kennedy
“The costs savings was a big win, but now we also have a schedule of events and are clearly aware of when our contracts begin and end...we are much more strategic about how we source now.”
About This Quote
Source Speech: Business Strategy Presentation, 2023
The statement highlights a shift from focusing solely on cost reduction to a broader strategic view that includes contract timing and sourcing decisions.
In simple terms: Moving from cost focus to strategic sourcing and contract awareness.
Key Takeaway
Adopt a holistic sourcing strategy.
Themes
strategy
cost management
contract awareness
strategic sourcing
Mood
analytical
forward‑thinking
Type
advisory
strategic
When to use this quote
- Procurement planning
- contract negotiations
- budget forecasting
- risk assessment
Key Concepts
Supply chain optimization
risk management
financial planning
Questions to Reflect On
- How can we balance cost savings with quality?
- What risks arise from focusing mainly on contract timing?
A Different Perspective
May overlook other performance metrics like quality or innovation.
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