Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
9th Edition
ISBN: 9781119371618
Author: Roberta S. Russell
Publisher: Wiley (WileyPLUS Products)
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Chapter 11, Problem 24Q
Summary Introduction

To explain: Spend analysis programs and the advantages offered by it for procurement activities in a global supply chain.

Concept Introduction: Spend analysis is the process of reviewing procurement spend to decrease the purchasing costs, improve efficiency and improve supplier relationships. It involves collecting, sorting and analysis of spend data through either dedicated software program.

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