Do you have the right spend insights in place to help you weather inflationary pricing and possible recession impacts in certain global regions?
Procurement gains the advantage in Spend Intelligence if you can use competitively superior insights, accessed with speed and ease to optimize decision making. This eBook illustrates 5 real-world case examples of how companies leverage their own data about spend and supplier history – to deliver strong performance even amidst inflationary pricing, an acute crisis, or unforeseeable trend:
1. Identify areas of maverick, non-compliant spend
2. Conduct internal benchmarking using spend category history
3. Determine areas for supplier spend consolidation
4. Identify areas where demand management may help
5. Make progress towards ESG goals despite challenges