Spend analysis (spend analytics) means reviewing historical spend data to gain actionable insights, reduce costs, and improve efficiency and supplier relationships.

Manufacturing companies face several unique procurement challenges. With a dated spend management solution, managing these challenges can be very difficult. Here's how to solve them.

One of the challenges in procurement is consolidating and harmonizing available data to make more fact-based decisions.

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

In this article, we look at 5 steps to identify and prioritize cost-saving measures that increase the likelihood of success.

Categorizing your spend is the starting point for category management and a more data-driven approach to procurement.

Selecting and implementing procurement measures is a vital part of a holistic approach to strategic procurement.

Many procurement teams are either using or thinking about investing in BI solutions. But how well do BI tools support their procurement efforts?

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