Spend Analysis: The Window into Strategic Sourcing. Kirit Pandit, H. Marmanis

Spend Analysis: The Window into Strategic Sourcing


Spend.Analysis.The.Window.into.Strategic.Sourcing.pdf
ISBN: 9781932159936 | 272 pages | 7 Mb


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Spend Analysis: The Window into Strategic Sourcing Kirit Pandit, H. Marmanis
Publisher: J. Ross Publishing, Incorporated



Aug 5, 2013 - In an age where procurement transformation is often centered on strategic sourcing efforts, this report is designed to be a powerful resource for procurement organizations that are focused on driving value through their strategic sourcing efforts. Apr 9, 2013 - Although the need for IT support has lessened significantly, your team still needs to allocate resources to spend analysis and strategic sourcing to drive leverage across the organization. In conjunction with sourcing, category, contract management and purchasing, spend analytics provides a window into spend behavior to drive cost reduction and cost avoidance efforts.… Spending analysis for strategic sourcing has shifted from a yearly event to continuous tracking of vendors and categories to enforce spending policies. Feb 1, 2010 - Furthermore, realizing the savings opportunity may require changemanagement (for example, implementing a true strategic sourcing process thatleverages spend analysis to identify, quantify and prioritize opportunities). Next-generational spend analysis programs offer the window to savings through a variety of indices and benchmarking programs, permitting users to compare their spend information with external market factors to drive actionable analysis. Any best-in class procurement organization is spend analytics. Apr 27, 2012 - This happens to be one of my favorite areas of spend analysis as applied through strategic sourcing, and I thought the advice given was sound. Apr 28, 2009 - Deborah Wilson, a Gartner research vice president, covers procurement strategies and applications. Mar 19, 2013 - While confusion seems to reign among recruiting leaders on how to build effective sourcing strategies, Donna Quintal at Sears Holdings Corporation has been able to craft a powerful set of analytics over the past few years to help predict where hiring will occur before the requisitions For example, if you are spending thousands of dollars on job postings or banner ads, how many potential candidates did those generate and how many were converted into hires? The first question to be settled is exactly what you classify.





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