Spend Analytics – Enabling the Journey to Procurement Category Management
The most successful procurement organizations manage spend with some form of category management. Achieving success in category management requires a journey of many steps, from a tactical to a strategic approach. One of the most complex stages, and the most foundational, is establishing a spend analytics program that provides essential insight for creating a strategic procurement organization.
To help you on your journey to category management success, this whitepaper discusses:
• The importance of spend analytics to a category management program
• How your company can evolve along the Spend Analytics Maturity continuum