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Hey {{first_name|there}},

You negotiate a 10% price reduction, get the contract signed, and add the saving to your report. Fair enough, you’ve done the commercial work.

But what happens if the business keeps ordering through the old arrangement, the new price never makes it into the purchasing system, or the supplier carries on invoicing at the previous rate?

The agreement is there, but the business hasn’t received the benefit yet.

This is where savings reporting can get awkward, particularly when procurement counts the result at signature and Finance is looking for evidence in actual spend.

You can avoid some of that by agreeing how the benefit will be measured before the negotiation finishes. Confirm the baseline, who needs to implement the change, and what evidence will show that it happened.

Say you reduce the unit price from £100 to £90. That’s a £10 reduction on each comparable unit purchased under the new terms. The total benefit still depends on the volume, when the price takes effect, and whether anyone actually uses it.

Try taking one saving from your latest report and following it through to the orders or invoices. Can you see it there, and does the calculation still hold up?

It’s a useful check before someone else asks you to explain the number.

The Popcorn Brand Turning Heads and Raising Capital

What does it look like when a consumer brand starts to break out?

Popsmith generated $5.8M in revenue in 2025 and is projecting $9M in 2026, with more than 100,000 customers and $20M+ in lifetime sales.

The brand has already earned national recognition through Oprah’s Favorite Things and partnerships with Costco, Sur La Table, and Williams Sonoma, where Popsmith is rolling out nationwide this holiday season.

Now Popsmith is raising capital to accelerate its next stage of growth, and individual investors have the opportunity to become shareholders.

Make your value reporting easier to trust.

The wop. savings and value guide explains how to separate negotiated, implemented, and realised value, with a benefits register you can use to record the evidence.

If you’re seeking approval for a new project, the business-case guide helps you set out the costs, expected benefits, assumptions, and ownership.

Go deeper with wop. membership.

If you’re putting together an AI business case, the member guide helps you separate hours released from cash savings, record the costs, and decide what a pilot needs to prove. It includes working templates, a worked example, and six prompts to help you check the numbers.

Something to watch.

Savings are one part of procurement’s contribution. In this video, I explore fourteen ways the work goes beyond buying stuff - useful if you’re trying to explain what your team brings to the business.

Daniel

world of procurement.
 
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