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Spend Analysis
Procurement

Spend Analysis

Systematic analysis of purchasing data to understand spend by category, supplier, business unit and opportunity.

Examples

  1. 01Spend analysis shows the company buys gloves from 23 suppliers across 6 sites for a total of EUR 410,000 a year.
  2. 02Purchasing reviews spend analysis results by category and supplier each quarter to find bundling opportunities.
  3. 03The spend analysis leads to a single glove contract with 2 suppliers, saving 14 % with an owner tracking delivery.

Related terms

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