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| Rapid Business Enablement: |
Spend Performance Management  |
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Corporate procurement organizations are responsible
for securing products and services of the
best quality at the lowest possible cost for
their operations. To ensure that they are
able to consistently accomplish these objectives,
procurement executives at innovative companies
are embarking on a key initiative —
spend analysis.
Spend analysis is the process of determining
what is being spent, with whom, and for what.
Scenarios Addressed by SPM in a
downturn
•
How effective have current/past spend rationalization
activities been?
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Contract Compliance?
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Approved Suppliers?
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Multi-category & Multi-division?
•
What other spend/supplier categories should/can
be
rationalized – Direct, Indirect, Services?
•
What is the current exposure to at-risk suppliers?
•
What opportunities exist to improve credit
terms?
•
What opportunities exist for spend process
rationalization? |
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Contact Information |
Naresh Hingorani
Email: SAsales@bcone.com |
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| Thought
Leadership |
Aberdeen
Group
Spend Analysis:
Pulling Back the Cover on Savings
More
>
Aberdeen
Group
Spend Analysis:
Working Too Hard for the Money
More
>
The
Economist
The New Face of Purchasing
More
> |
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Industries
Services Overview
Alliances Overview
