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Spend analysis; the window into strategic sourcing.


Spend analysis; the window into strategic sourcing.

Pandit, Kirit and H. Marmanis.

J. Ross Publishing


249 pages




Strategic supply management is proving to be a significant element of corporate performance and risk management. At its core is strategic sourcing, for which spend analysis is a foundational tool in providing detailed visibility into spending patterns. Internal consultants Pandit and Marmanis give professionals in procurement, supply chain analysis, operations and finance guidelines for building a business case for conducting effective spend analysis and include a number of case studies, covering the fundamentals of spend analysis (including its differences and similarities to data warehousing), business imperatives for spend analysis and the expected return on investment, methods of implementing a spend analysis program, and ways to identify opportunities for analysis. For practitioners they include comprehensive coverage of the components of analysis, and considerations for taxonomy and technology, and for managers they include such topics as tracking and monitoring analysis, compliance issues and future trends. The publisher offers downloadable support materials.

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Publication:Reference & Research Book News
Article Type:Brief Article
Date:May 1, 2008
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