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What is Target Savings?

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Written by Shawn Bradley
14 June 2021

Identified Target Price Savings indicate the savings to be achieved if the client could achieve the estimated pricing targets calculated for their top 25% worst priced components measured by spending impact. Potential Savingsshows the gap between total spending at Best in Class prices and the client’s best achieved price. Note that some components may have been submitted with multiple prices.  

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