How to Use Procurement Analytics to Drive Savings
Watch instantly on-demand | 45 minutes
One of the challenges for procurement is constant pressure to reduce costs and realize savings across the business. This is especially true in demanding times, where cost reduction often is a top priority.
A fact-based approach to spend management is absolutely crucial in this work. It's all about utilizing data-driven insights to make better priorities and smarter decisions.
This webinar will cover:
- What is procurement analytics and why it is key for driving savings
- Case example: How Autostore utilizes procurement analytics to identify opportunities and track savings
- A live demo of Ignite Procurement with a focus on procurement analytics:
- How to identify savings opportunities
- Utilizing supplier analytics for fact-based renegotiations
- Measuring and tracking of savings
This webinar is suitable for professionals in procurement, finance, strategy, business development, and others with interest in the topic.