I'm delighted to announce my collaboration with Positive Purchasing, the specialist procurement and negotiation training and consultancy business, for our new PatentPlus program. This new venture should significantly reduce the amount patent annuity holders pay when it comes to renewal.

PatentPlus is a high impact, results-based program which can deliver immediate and significant cost savings, and increase category spend value, at no risk to the client’s business. The program is split into two phases: Diagnostic and Delivery.

During Phase 1, Diagnostic, the PatentPlus team of legal and procurement experts will review an organisation's existing patent renewal spend with suppliers, analyze and report on opportunities identified for cost reduction and improvements in patent renewal management. A best practice training workshop will also equip company teams to better manage these suppliers moving forward.

For clients choosing to proceed to Phase 2, Delivery, the PatentPlus team will support implementation of these benefits into the client organization and, where appropriate, establish new contracts with the client’s providers.

If you are interested in finding out how much you could save, contact me for advice.

Find out more about PatentPlus

Read the full press release on the Positive Purchasing website

Download a factsheet on PatentPlus (PDF)

Follow Positive Purchasing on Twitter: @pos_purchasing