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spend analysis

By Dhwani Parekh
1 Comment
Feb 14th, 2019
Read this blog post to understand the different elements of spend management and how to get the best out of a spend management activity.
By Madhuchhanda Das
0 Comments
Jan 28th, 2019
Finally, it is the year of the pig. 2019 is set to be a seismic year, with changes that will not only add value to procurement processes, it will
By Linda Ashok
0 Comments
Jan 5th, 2019
As a procurement professional, you have come across maverick spend many a time. What do you think about why it is maverick spend and what is the justification to label a certain category of spend as maverick?
By Linda Ashok
0 Comments
Oct 24th, 2018
Advanced analytics provides data-driven insight and power that procurement can leverage to make impactful business decisions. For organizations that are yet to tap this value, it is time to make the move and gear up for a future when big data will be the deciding word.
By Linda Ashok
0 Comments
Apr 20th, 2018
Data is fish for Machine Learning (ML); the more data you feed your ML algorithm, the better accuracy in spend classification and eventually millions saved per $1 billion of spend.
By Swetalina Routray
0 Comments
Mar 29th, 2018
Over the year procurement has transformed from a tactical purchasing function to a high priority strategic partner to its organizations and this is du
By Linda Ashok
0 Comments
Mar 22nd, 2018
If you have been thinking if there's anything beyond rate reduction negotiations with suppliers that the oil and gas supply management organizatio
By Linda Ashok
0 Comments
Mar 21st, 2018
  We know how data both internal (spend, contract & supplier relationship management) and external (supplier database) are crucial to provid
By Swetalina Routray
0 Comments
Jan 18th, 2018
Organizations are always looking out for ways to cut costs and save more. In fact as per Deloitte’s global chief procurement officer survey 2017