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