Analytics
Spend Analytics
Training in procurement data analysis: how to build and interpret a spend cube, how to identify savings opportunities, how to prepare analysis for board presentation. Practical tools and real-data approach.
A procurement analyst who does not understand cost structure produces reports. One who understands it produces insights.
Problem
Where organisations get stuck
No procurement data analysis skills in the team
Difficulties converting data into recommendations
No tools for building spend cube and reports
Approach
How engagements work
- 01
Spend analysis theory and practical data exercises
- 02
Step-by-step spend cube build
- 03
Own spend analysis project
Results
What changes operationally
- 01
Ability to independently analyse spend and build a spend cube
- 02
Excel/BI tools ready for daily use
- 03
Analytical report ready for management presentation
Format
- Engagement format
- 1-2 day workshop; in-company or open.
- 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.