1_Procurement Insights

Procurement function must consider following 6 points in their decision making to become a successful procurement organization. Procurement success is measured by what extend procurement

It promotes collaboration between manufacturers and suppliers that ensures long-term benefits of both the party. To ensure that quality and inventory needs are fulfilled at

Why to do Spend Analysis? Following are the few main reasons for doing spend analysis for our business: To prepare more detailed and accurate financial

Information required for informed Sourcing Decisions is either company’s internal data or external data of supply market. Internal data source is mainly company’s ERP data that is further cleansed and analysed in Spend Analysis.