Spend Matters PRO Sneak Peek: Procurement Market Map and Detailed Sector Descriptions [PRO]
Today’s Spend Matters PRO post features a complete description of our procurement market map and a glossary of sector definitions. As I explained in the Plus post from earlier, the market is multivariate and messy, but we have tried to depict if graphically in a way that shows the sector relationships with the need for virtual reality goggles. Hence, the Spend Matters market map for procurement is depicted below. It is organized generally by business process left-to-right and by solution [service] type from top to bottom. Read on for the map and for the accompanying category descriptions.