White Paper: Procurement Analytics in the Auto Industry – How Data Analytics Transformed Procurement for a Major Automobile Manufacturer

Procurement data analytics is the process of collecting, analyzing, cleaning, modeling and transforming spend data to achieve overall efficiencies that drive timely and informed decision-making and enable improvements in savings, supplier management and operational processes.

This white paper looks at the power of procurement data analytics in business practices – and how companies in the automotive industry can leverage analytics to transform how procurement operates.

It also showcases a specific case in which Bristlecone designed a framework and roadmap, combining procurement process expertise with descriptive and predictive analytics across the procurement function to deliver insights and value in the form of hard savings for a leading automobile manufacturer.