Analytics
Spend Analytics
Based on procurement data, we conduct comprehensive spend analysis: spending patterns, trends, anomalies, supplier concentration, consolidation opportunities. Every analysis ends with specific recommendations for the procurement function.
An organisation that does not understand the structure of its own spending cannot manage it - regardless of how many tools it has.
Problem
Where organisations get stuck
Data exists but is not analysed in a decision-making way
No identification of anomalies and outliers in spending
No data-driven recommendations for procurement priorities
Approach
How engagements work
- 01
Processing and analysis of procurement data
- 02
Supplier and category segmentation
- 03
Opportunity and priority identification
- 04
Recommendation report and presentation
Results
What changes operationally
- 01
Complete analysis of spending patterns and trends
- 02
List of anomalies, outliers and areas requiring explanation
- 03
Procurement priorities with potential and recommended actions
Format
- Engagement format
- 2-4 week analysis; report + results presentation with recommendations.
- Capability area
- Analytics
See also
Related areas
Spend Cube
Analytics
Procurement Dashboards
Analytics
Supplier Intelligence
Intelligence
Let's talk about what this looks like in your organisation.