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SPEND ANALYSIS: The Window into Strategic Sourcing by Haralambos Marmanis, Kirit Pandit

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PART II

  

THE ANATOMY OF SPENDTRANSACTIONS

In this chapter, we will take a closer look at how spend transactions are generated and the kind of data that are typically captured and available from business information systems. This information is important for two reasons:

  • Understanding the data is key to understanding the type of enrichment and cleansing that needs to be performed in order to yield meaningful spend visibility.

  • Understanding the purchasing process is key to understanding how spend leakages occur.

TYPES OF SPEND

At a broad level, corporate spend can be classified as belonging to direct, indirect, and MRO categories.

Direct ...

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