News and Content for Procurement Professionals

Procurement analytics comes in many shapes and forms. Let us take a look at some analyzes that you can use for identifying renegotiation opportunities.

The procurement function is constantly under pressure to reduce costs and realize savings throughout the business.

Ultimately, spend analysis is about gaining the necessary insights to drive fact-based, smarter and sustainable procurement decisions.

Spend often represents a significant proportion of the costs for most companies. Our experience indicates that there is a large untapped potential in procurement, but also several challenges in how to realize it.

Working data-driven and fact-based with your procurement costs is crucial to identifying and realizing savings.