Spend analysis solutions with functional expertise determine your strategic sourcing plan gep. How incorporating six sigma into strategic sourcing helps. Leveraging our decades of experience, diverse spend category expertise, strategic sourcing best practices, and procurement tools and resources we collaborate with clients to deliver value. Read online now spend analysis the window into strategic sourcing ebook pdf at our library. Gep smart tm makes it easy to find the right suppliers for your business through bestinclass, easytouse. The window into strategic sourcing free pdf book book ditulis admin selasa, 15 april 2014 tulis komentar edit. In todays economy, spend analysis is gaining respect as a potent weapon in the battle to squeeze new savings out of corporate procurement processes.
Plus easytounderstand solutions written by experts for thousands of other textbooks. Strategic sourcing is a process that has a realworld impact on all facets of a business. And strategic sourcing advanced spend analysis is critical to understanding the current spend in indirect and direct categories. Additionally, he leads the sourcing initiatives of highly technical spend categories.
The strategic sourcing book, managing indirect spend, was written to assist both seasoned procurement professionals, as well as individuals completely new to strategic sourcing, in learning the critical components of starting and conducting a strategic sourcing event in an indirect spend category. Spend analysis by kirit pandit and haralambos marmanis book. You will also see that there are specific sites catered to different product types or. Strategic sourcing is the process a business uses to allow procurement to take the lead in satisfying business needs. Haralambos marmanis strategic supply management has become a significant driver of improved corporate performance and better risk management, and spend analysis is the most critical component to achieving worldclass. Rent spend analysis the window into strategic sourcing 1st edition 9781932159936 and save up to 80% on textbook rentals and 90% on used textbooks. Purpose the purpose of this document is to provide a workable procedure for the strategic sourcing methodology of procuring goods and services for th e state of louisiana. The strategic sourcing methodology provides the state with a process to reduce spend on key categories, reduce. Use features like bookmarks, note taking and highlighting while reading spend analysis. The window into strategic sourcing by kirit pandit. Failures and missed opportunities were common, as tweaks to manufacturing and supply lines were frequently based on gut feelings. Spend analysis with functional expertise determines your. At each step in the process, our sourcing specialists proactively share their strategic sourcing knowhow and categoryspecific best practices to our clients.
Spend analysis software strategic sourcing software. Read spend analysis the window into strategic sourcing by kirit pandit available from rakuten kobo. Marmanis and a great selection of similar new, used and collectible books available now at great prices. Learn about the strategic importance of spend analytics as a precursor to procurement and supply chain transformation be presented with a framework of where spend analytics fits in the value creation continuum take a deep dive into the intricacies of performing a comprehensive spend analysis pwc. The window into strategic sourcing is the definitive text on this important subject, written by leaders in the field. This is a very wellwritten book that covers all topics of spend analysis in sufficient detail.
Using the spend analysis tool, enporion developed a customized market basket report. Haralambos marmanis strategic supply management has become a significant driver of improved corporate performance and better risk management, and spend analysis is. It provides an executive overview and technical details for practitioners on how a rigorous methodology can identify costsaving opportunities and ensure that results reach the bottom line. The window into strategic sourcing is the definitive text on this. The top 7 must read procurement book for supply chain. Ardent partners newest ebook, procurement metrics that. It involves internal collaboration with stakeholders and suppliers, as well as critical analysis of spend, and supplier risk management. The first step in strategic sourcing details the baseline process that an organization should follow to establish a functional strategic sourcing program grounded on accurate expenditure information. What is strategic sourcing and why is it important.
If you cant analyze your spend a growing number of senior executives are coming to realize that strategic supply management can be a significant driver of improved corporate performance. Ardent partners newest ebook, procurement metrics that matter in 2019, available for a limited time only. Strategic purchasing young procurement professionals. The effectiveness of a strategic sourcing program can rise or fall on the quality of the spend analysis. Access all areas of the cips knowledge online library including tools and templates and supply management stories. Key steps to improve your strategic sourcing process. It is currently the only reference that provides indepth guidance on what spend analysis really is, what it involves specifically and how to use it in your journey to worldclass performance. Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace. So why did source one, the leading procurement services provider, set out to create yet another spend analysis tool.
The window into strategic sourcing ebook written by kirit pandit. In fact, in the introduction to this series, we suggested there are six different approaches to strategic sourcing. In fact, the market is starting to get a bit saturated with them. It is currently the only reference that provides indepth guidance on what spend analysis really is, what it. How to be the best in your business through spend analysis and strategic sourcing part 2 posted by jaggaer staff in sourcing spend analysis on january 15, 2017 from computers and software to basic office supplies or widgets, organizations have a wide array of goods and services they need to purchase to support their business. Posted by matthew york on august 30th, 2019 stored in articles, chief procurement officers, lists, procuretopay, solution providers, strategic sourcing, strategy. Read the article to know how setting up a costeffective strategic sourcing process can help companies improve their valuetoprice relationship and ensure supply stability. Both as a text and a reference for spend analysis and how to use it to reduce costs, prioritize sourcing initiatives and achieve world class performance, this book explores all aspects of spend analysis in detail. Spend analysis by kirit pandit overdrive rakuten overdrive.
Unfortunately, 39% of enterprises fail to link the output of their spend analysis efforts to their sourcing processes thereby leaving significant savings on the table. Benefits of strategic sourcing process for businesses. Key spend analytic attributes that impact strategic sourcing. Despite the obvious need for spend analysis, its not surprising why many organizations continue to initiate sourcing programs without first conducting spend analysis. Spend analysis the window into strategic sourcing binding. If not, they can consume money and deliver no returns due to lack of adoption. The window into strategic sourcing is the definitive text on strategic sourcing, written by leaders in the field. Starting with the foundation level 1 today, this multipart research brief will delve into the six approaches to strategic sourcing and the requirements, technologies and checklists required to pursue sourcing on the right foot.
Spend analysis the window into strategic sourcing 1st edition. The secrets of successful spend analysis supply and. We provide analyses, information, spend analysis software and overall guidance to improve efficiency and strengthen cash flows across your entire organizational supply chain. Download it once and read it on your kindle device, pc, phones or tablets. Spend analysis is the most critical component, and the starting point, of strategic supply management and is essential to achieving worldclass performance. The window into strategic sourcing this is the first reference to provide indepth guidance on spend analysis. The window into strategic sourcing kindle edition by pandit, kirit, marmanis, haralambos. Dec 12, 2014 every organization has different data and business needs, so we believe a spend analysis solution should take that into consideration. Strategic sourcing is a process that creates efficiencies across all spend categories, minimizes supply risks with improved supplier selection, and gives visibility into pricing and forecasting. We present main issues in development of a spend analysis software, and give an overview of current spend analysis systems. Link spend analysis efforts to your sourcing processes. The following sourcing efforts are the key to developing opportunities into cost savings and process efficiencies.
Chapter 1 introduction to purchasing and supply chain. Enhance your network and get connected to a global community of 120,000 in 150 countries. The benefits of strategic sourcing in industry have helped realize cost savings time and time again. The following case intends to illustrate how windows is dealing with the. Also, know about the benefits of strategic sourcing that companies can leverage to achieve longterm growth. We present flowchart of spend analysis process in form of a dataflow diagram. Strategic sourcing is a procurement process that connects data collection, spend. It is currently the only reference that provides indepth guidance on what spend analysis really is, what it involves specifically and how to.
Spend analysis ebook by kirit pandit 9781604277029 rakuten. Nov 06, 2017 for spend data to drive real value, organizations must take action on it. The window into strategic sourcing english pdf download spend analysis. The vast majority of sourcing professionals know that having a clear and detailed view into a category of spend makes sourcing that category significantly easier and positively impacts results.
William created and manages the development of, the worlds only free electronic sourcing tools website. Sep 18, 2015 brand new research is now available from the spend matters team. It is currently the only reference that provides indepth guidance on what spend analysis really is, what it involves specifically and how to use it. It provides useful insights for procurement, supply chain, operations and finance executives as well as practical details for. This market basket report allowed the client to quickly generate itemized spend and usage detail for each spend category and it significantly shortened strategic sourcing cycles. It enables you to identify supply risks and develop a plan to mitigate them. Strategic sourcing spend analysis spend consultant support. He also is the developer, administrator and frequent contributor to the strategic sourceror blog. Because we know that none of the other spend analysis resources were designed specifically for use by procurement and strategic sourcing professionals. As ardent partners the state of strategic sourcing 2015 report states. All four are valuable business processes that, when automated, can elevate a sourcing teams performance and. Spend analysis the window into strategic sourcing 1st. This spend analysis book is currently the only reference that provides indepth guidance on the spend analysis process, what it involves specifically and how to use it in your journey to worldclass performance. At each step in the process, our sourcing specialists proactively share their strategicsourcing knowhow and categoryspecific best practices to our clients.
By tailoring the solution for the customer and your unique requirements, an organization will be able to truly gain visibility into the data they need to develop a strategic, forwardthinking sourcing plan. Jason busch, founder and managing director, and thomas kase, vice president of research, present the past and future of strategic sourcing looking back to look forward at esourcing. Read spend analysis by kirit pandit, haralambos marmanis for free with a 30 day free trial. Spend analysis, the window into strategic sourcing. In the report, we introduce the concept that there are four primary pillars that mark the foundation of the modern strategic sourcing program spend analysis, sourcing, contract management, and supplier performance management.
Chapter 6 supply management and commodity strategy. A case study of the naval postgraduate school abstract the purpose of this study is to identify opportunities for strategic sourcing in the naval postgraduate school contracting office. A growing number of senior executives are coming to. Some costeffective alternatives available for spend analysis and strategic sourcing include. Get spend analysis the window into strategic sourcing pdf file for free from our online library pdf file. The ultimate guide to strategic sourcing purchasecontrol. A careful spend analysis that ties technology and consulting expertise can boost spend visibility and help convert senseless raw data into strategic sourcing opportunities to achieve savings. The window into strategic sourcing 9781932159936 by kirit pandit. But with hundreds of different categories and thousands of lines to manage, achieving bestvalue sourcing can be difficult. The window into strategic sourcing book online at best prices in india on. Stay in touch and up to date through member only events and branch meetings. Spend analysis strategic sourcing solutions scanmarket. Despite this, the current adoption rates of automated spend analysis solutions hover around 37%, with another 39% of. Spend analysis get a true picture of your spend enterprisewide visibility and spend analysis is the key first step to achieving long term value in strategic sourcing.