Capital Budgeting
Initiated in 1998, the CBD was designed to offer Premier members savings opportunities while also providing our contracting business units with a strategic direction in contracting. Since its inception, the CBD holds in excess of 1,200 budgets (both archived and current) and continues to grow.
The information contained within the CBD provides value to our internal customers (contracting business units and business partners) and our external customers (Premier membership). Using aggregation as a demand planning tool, we can identify opportunities for additional cost savings by applying the volume to Portfolio Plus pricing tiers and to group buys.