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Supply Chain Glossary

Glossary > S > Spend Analysis  

 

Spend Analysis


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Spend analysis is the part of the procurement process focused on reviewing expenditure data to allow exploration of the opportunities which may exist to create value in a category.  The key activities include acquiring the data, cleansing the data, and analysing the data.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 






Last update 2 Feb 2018
PMI remains elevated at start of 2018
   Source: Investec Manufacturing PMI Ireland  -  IHS Markit
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