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Spend Analysis

Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

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Spend analysis is the part of the procurement process focused on reviewing expenditure data to allow exploration of the opportunities which may exist to create value in a category.  The key activities include acquiring the data, cleansing the data, and analysing the data.


























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Last update 3 Sep 2020
Manufacturing production rises at fastest pace since May 2014 as re-opening of economy continues
   Source: Markit /CIPS UK Manufacturing PMI   -  IHS Markit
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