Spend Management Analyse
A Purchasing Spend analysis is the process of collecting, cleansing, classifying and analysing a company’s spending data with the purpose purchasing cost reduction of reducing procurement costs, improving efficiency and monitoring compliance. A purchasing Spending Cube visualize the organisational spending by commodity and vendor. It give an answer to the following questions:
- What am I really spending?
- With whom am I spending it?
- Am I getting what’s been promised?
A spending cube analysis is the input to define a Kraljic Purcchasing Matrix