Sponsor

2012/07/22

How procurement analytics can reduce costs elevate performance

Featured White Paper on SearchCRM.com

Elevating Your Procurement Organization from Knee Jerk Reactions to Predictive Analytics
Sponsored by: SAP America, Inc.
Analytics have advanced into the mainstream of today’s business environment. Organizations of all shapes and sizes are capitalizing on the many benefits analytics can offer.

Procurement analytics combines traditional spend analytics with other procurement measures, including supplier performance and risk and marketing trending, to help identify areas of low performance, elevate procurement functions and reduce costs.

But the proper plan must first be put in place to reap these rewards.

By reading this brief paper you will gain insight into a four-step process that will enable you to deploy and fine-tune a proper procurement analytics program. Learn why aggregating procurement data and ensuring its reliability are crucial steps to achieve your goals.
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