Summary
Procurement is a key function in identifying and delivering NHS efficiencies. A single NHS procurement value and savings methodology has been developed to support NHS organisations in their planning and reporting, and to ensure the consistent reporting of efficiencies.
The methodology sets out how to record and report on procurement value and savings. It is written so that value and savings that are generated through procurement activity are recognised in a consistent manner across the NHS and associated organisations. This includes NHS trusts, foundation trusts, NHS integrated care boards and NHS England.
NHS England: Value and savings methodology
https://www.england.nhs.uk/nhs-commercial/central-commercial-function-ccf/value-and-savings-methodology/
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