Harnessing Spend Analytics to Inform Procurement Decisions
Time: 9:30 am
day: Day Two pt 1
Details:
• Leveraging spend analytics to gain a comprehensive view of spending across R&D categories to enable data-driven decision-making on investments
• Utilizing analytics to identify cost-saving potentials by detecting inefficiencies and supplier overlaps across procurement categories
• Visualizing spend patterns to prioritize high-impact areas, improve supplier negotiations, and align procurement strategy with business objectives