AMD Consulting

Spend Analysis

Spend Analysis

A successful strategic sourcing program depends on the ability of a company to thoroughly understand its spend behavior. The ability to identify, prioritize and execute strategic sourcing projects relies completely on the spend visibility.

Many companies do not have a formal spend analysis program. For those companies that do, many fail to link the output of their spend analysis with their strategic sourcing efforts.

Spend Analysis

We help companies to map/explore their spend data in new ways – to get better insights that drives next level of value creation. Our Spend Analysis service will enable your procurement team with:

  • Greater visibility: Complete visibility at a granular level through a versatile dashboard.
  • Opportunity assessment: Explore savings opportunities from insights into your historical spending.
  • Better decision making: Make fact-based decisions with data made available at your fingertips.
  • Improve relationships: Improve 360-degree relationship – suppliers, customers, and stakeholders.
  • Increase productivity and efficiency: Focus on your key deliverables instead of mundane analysis.

Our value streams include –
  • Collect data from multiple systems
  • Transform data (Cleanse, Enrich, Classify etc.)
  • Analyze data
  • Create value added output/Insights
  • Refresh data at regular intervals

A detailed Spend Analysis exercise uncovers value added insights that drives better decision-making

How can we help you?

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