Planning ahead is key when it comes to your procurement analytics process. Pierre Mitchell (Chief Research Officer, Spend Matters) has written a new paper for the Spend Matters audience: "Procurement Analytics: How to Plan (and Optimize) Your Process" is available for download here, but only for a limited time!
Here’s an excerpt from this paper:
“The key thing to remember is that analytics is really a business capability – not just about technology. It’s about supporting the process called “analyze” (i.e., the “A” in the DMAIC (Define, Measure, Analyze, Improve and Control) continuous improvement methodology) that needs to be embedded into every strategic procurement discipline. At most large and progressive procurement organizations, Centers of Excellence (CoEs) have been created to support the diverse requirements of analytics and intelligence of procurement and its stakeholders.”
Although the paper, "Procurement Analytics: How to Plan (and Optimize) Your Process" is only available for download for a limited time, it is always available for Spend Matters PRO members. Click here to sign up for a membership today and gain access to this and all other premium Spend Matters research whenever, wherever.