Spend Analysis The Window into Strategic Sourcing

ISBN-10: 1932159932
ISBN-13: 9781932159936
Edition: 2008
eBook available
This item qualifies for FREE shipping

*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.

30 day, 100% satisfaction guarantee

If an item you ordered from TextbookRush does not meet your expectations due to an error on our part, simply fill out a return request and then return it by mail within 30 days of ordering it for a full refund of item cost.

Learn more about our returns policy

eBooks Starting from $39.95
Rent
Buy
what's this?
Rush Rewards U
Members Receive:
coins
coins
You have reached 400 XP and carrot coins. That is the daily max!
You could win $10,000

Get an entry for every item you buy, rent, or sell.

Study Briefs

Limited time offer: Get the first one free! (?)

All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.

Add to cart
Study Briefs
History of Western Art Online content $4.95 $1.99
Add to cart
Study Briefs
History of World Philosophies Online content $4.95 $1.99
Add to cart
Study Briefs
American History Volume 1 Online content $4.95 $1.99
Add to cart
Study Briefs
History of Western Music Online content $4.95 $1.99

Customers also bought

Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading
Loading

Book details

Copyright year: 2008
Publisher: J. Ross Publishing, Incorporated
Binding: Paperback
Pages: 272
Size: 6.25" wide x 9.25" long x 0.75" tall
Weight: 1.100
Language: English

Dr. Haralambos (Babis) Marmanis is a pioneer in the adoption of machine learning techniques for industrial solutions, and also a world expert in supply management. He has about twenty years of experience in developing professional software. Currently, he is the director of R&D and chief architect, for expense management solutions, at Emptoris, Inc. Babis holds a Ph.D. in applied mathematics from Brown University, an M.S. degree in theoretical and applied mechanics from the University of Illinois at Urbana-Champaign, and B.S. and M.S. degrees in civil engineering from the Aristotle University of Thessaloniki in Greece. He was the recipient of the Sigma Xi award for innovative research in 2000, and he is the author of numerous publications in peer-reviewed international scientific journals, conferences, and technical periodicals.

Foreword
Preface
Acknowledgments
About the Authors
Web Added Value
Fundamentals of Spend Analysis
What Is Spend Analysis?
Basics
History of Spend Analysis
Specialist Vendors
Consolidation
Similarities/Differences between Spend Analysis and Data Warehousing
Characteristics of an Ideal Spend Analysis Application
Data Definition and Loading (DDL)
Data Cleansing, Structure, and Enrichment (DE)
Spend Data Analytics (SA)
Knowledgebase Management (KB)
Summary
References
Business Imperative and Return on Investment
Spend Leakage and Compliance Multiplier
Importance of Spend Analysis within Supply Management
Benefits to Businesses
Estimation of Spend Analysis Return on Investment
Savings Opportunity
Highly Decentralized Purchasing
Overview and Objectives
Methodology
Global Procurement Challenges
Methodology
Results
Merger Planning and Integration
Overview
Situation
Methodology
Conclusion
Summary
References
How to Implement a Successful Spend Analysis Program
Set Objectives
Lead from the Top
Establish a Focused Center of Excellence
Carefully Evaluate Choices
Commodity Classification
Data Enrichment
Take a Limited-Scope, Phased-Rollout Approach
Requirements Scoping
Multicube Approach
Data Scoping
Refresh Requirement
Know Your Data
Technology Should Support Business, Not Drive Business
Align the Team to Support the Organization
Increase Organizational Visibility
Measure Constantly, Report Frequently
Engage with Your Application Provider
Sample Project Plan
Procurement Transformation for an $8 Billion Agrochemical Business
Overview
Background
Implementation and Key Learning
Spend Analysis Program Success
Sourcing Program Success
The Future-Managing Supplier Relationships
A Fortune 500 Provider in the Healthcare Industry
Overview
Implementation
Challenges
Results after One Year
A Company with Global Procurement Locations
Overview
Implementation
User Adoption
Next Steps
Summary
References
Opportunity Identification
Spend-Level Opportunities
Supplier Rationalization
Demand Aggregation (or Disaggregation)
Bypass of the Preferred Purchasing Process
Non-PO Spend
Off-Contract Spend
Diversity Spend Compliance
Supplier Performance
Spend with Poorly Performing Suppliers
Approved versus Nonapproved Spend
Spend by Payment Type
Transaction-Level Opportunities
Contractual Term Opportunities
Unrealized Discounts and Rebates
Quantity Violations
Delivery Date Violations
Payment Term Opportunities
Invoice Processing Opportunities
Consolidated Payments
Frequent Charges and Credits
PO Approval Limits
Prioritizing Opportunities
Conduct Buyer Interviews
Create a Segmentation Framework
Segment the Categories
Assign Category to Implementation Waves
Summary
The Anatomy of Spend Transactions
Types of Spend
Direct
Indirect
MRO
Procurement Processes
Procure-to-Pay (P2P)
Purchasing Cards (P-Cards)
Travel and Entertainment (T&E)
Information and Approval Flow in P2P Processes
Data Requirements for P-Cards
Data Requirements for T&E
Source Systems and Data Extracts
Accounts Payable
Purchasing/e-Procurement
Receiving
Materials Management
Freight Transactions
Corporate P-Cards
Travel and Entertainment
Contract Management
Material Requirements Planning or Manufacturing Resource Planning Systems
Contract Manufacturer Data
Other (External Sources)
Quality of Data
Item Description
Vendor Name
Cost Center and GL Code
Summary
Spend Analysis Components
Introduction
Data Definition and Loading (DDL)
Data Cleansing
DDL Considerations
Data Assessment
Data Enrichment (DE)
Overview
Classification
Clustering
Business Rules and Manual Editing
Dimensional Enrichment
Classification
Clustering
Transactional Enrichment
Business Rules
Transactional Classification
Knowledge Acquisition and Management
Concepts
Attributes
Instances
Knowledgebase Essential Functionality
Browsing
Editing
Knowledge Assimilation
Spend Reporting and Analytics
Business Intelligence Key Capabilities
Reporting
Analytics
Scorecarding
Dashboards
Business Event Management
Basic OLAP Reports
Pivot Tables
Cross-tabular Reports
Graphical Reports
Specialized Charts
Waterfall Chart
Pareto Chart
Treemap
Multidimensional Report
Map Report
Ad Hoc Analytics
What-If Analysis
Dashboards
Summary
References
Taxonomy Considerations
Ontologies and Taxonomies
Popular Industry Standard Commodity Taxonomies
UNSPSC
Design
Advantages of UNSPSC
Disadvantages of UNSPSC
eOTD
Design
Advantages of eOTD
Disadvantages of eOTD
eCl@ss
Design
Advantages of eClass
Disadvantages of eClass
RUS
Design
Advantages of RUS
Disadvantages of RUS
Quantitative Comparison of Taxonomies
Size and Growth
Hierarchical Order and Balance of Content
Quality of Property Libraries
Conclusion and Summary
References
Technology Considerations
Technical Considerations in the SA Module
Online Analytic Processing (OLAP)
What Is Your OLAP Schema?
What Do Your Dimensions Look Like?
Precooked Data or On-the-Fly Calculations?
Continental or International Deployment?
Pivoting or Multidimensional Navigation?
Technical Considerations in the DDL Module
Representative Sampling
Missing Values
Balanced Dimensional Hierarchies
Detection of Systematic Errors
Technical Considerations in the DE Module
String Matching
Classification
Statistical Algorithms
Distance-Based Algorithms
Decision Tree-Based Algorithms
Neural Networks-Based Algorithms
Rule-Based Algorithms
Clustering
Classifier Evaluation
ROC Graph Details
Association Rules
Summary
References
Tracking and Monitoring
Introduction
Spend Under Management
Integrated Supply Management
External Integration Using Web Services
Using Spend Analysis for Measuring Benefits
Summary
Spend Analysis and Compliance
Introduction
Control Violations in the Procurement Process
Supplier Assessment
Supplier Selection
Contract
Procurement or Requisition
Fulfillment
Invoicing
Payment
Implementing Controls in Procurement
Commonly Implemented Controls
Payment Controls via 3-Way Match
Authorizations
P-Card Control
Travel and Entertainment
Spend Leakage
Contract Compliance
Vendor Compliance
Fraud
Case Study
The Future of Procurement Compliance
Measurement
Prevention
Summary
References
The Future of Spend Analysis
Supplier Discovery
Spend Forecasting
What-If Spend Analysis
Microanalysis
New Product Target Cost Analysis
Real-Time Classification
Relevance Search
Price Benchmarking
Summary
Index

×
Free shipping on orders over $35*

*A minimum purchase of $35 is required. Shipping is provided via FedEx SmartPost® and FedEx Express Saver®. Average delivery time is 1 – 5 business days, but is not guaranteed in that timeframe. Also allow 1 - 2 days for processing. Free shipping is eligible only in the continental United States and excludes Hawaii, Alaska and Puerto Rico. FedEx service marks used by permission."Marketplace" orders are not eligible for free or discounted shipping.

Learn more about the TextbookRush Marketplace.

×