Beyond Spend Analysis
Take Procurement Analytics to the Next Level Through Predictive Analytics
Procurement analytics is hot right now. According to Deloitte, the majority of Chief Procurement Officers view analytics as the most important technology area impacting business over the next two years. But how well can you recognize new opportunities?
In this new six chapter ebook developed exclusively with Sievo, Michael Lamoureux from Sourcing Innovation assesses the key opportunities and challenges of predictive analytics in procurement.
- The Deficiencies of Descriptive Analytics
- Market Intelligence: The Foundation for Opportunity Analysis
- Trend Analysis: The Basis for Spend Forecasting & Predictive Analysis
- Combining Analytics with Should-Cost Modelling
- Demand Projection and Demand Management: A Basis for Cost Avoidance
- The Power of Invoice Analysis