Bill McBeath leading ISM Seminar on Spend Analytics

May
17, 2013 – Half Day Seminar

SPEND
ANALYTICS

with Bill McBeath

Date:

Friday, May 17, 2013

Location: APS Learning
Center, 400 E. Van Buren, Phoenix 85004

Cost:
Members
– $120 Non-members – $220

Time:
8 a.m. to 12 noon (Registration
starts at 7:30 a.m.)

CEU’s:
4 points will be given the day of the seminar

To
register click here.

OVERVIEW

Ever since the invention of money, people have had a need to know
“what am I spending my money on?” It turns out that the ability to answer that
question really well (in the right ways) can make a business much more
competitive. As organizations increasingly automate their sourcing and
procurement and cross-enterprise processes, it generates enormous amounts of
detailed electronic data. This opens up huge opportunities for using analytics
to improve an enterprise’s performance. Challenges abound in doing this,
but technologies, practices, and services have come a long way in recent years.

This seminar is designed to help your organization assess its readiness, find
out the different ways spend analytic tools are being used, understand the
spend analysis process and available tools, and learn from what others have
done. What we will cover:

• Organizational
  ReadinessWhat systems and processes must be in place to support a spend
  analytics program, including the various types and sources of data, data
  cleanliness disciplines, tools, and organizational dynamics. How an
  organization’s maturity informs their ability and strategy to conduct
  analytics.
• Sourcing
  and Procurement Spend AnalyticsUsing analytics to realize savings and
  intelligently spend to meet corporate objectives beyond cost reduction.
  Spend consolidation, contract compliance, sourcing event design.
• Supplier
  AnalyticsUsing spend analytics tools for supplier rationalization,
  diversity, performance, and risk management.
• Cross-functional
  AnalyticsUsing spend analytics tools for parts management, product
  management, budgeting and forecasting, fraud detection, sales analysis.
• Performance
  ManagementUsing spend analytics tools for buyer and procurement
  performance and benchmarking.
• The
  Spend Analytics ProcessPlanning, Loading and Cleansing Data, Analysis,
  Implementing Improvements
• Spend
  Analytics ToolsA review of systems and tools available.
• Case
  StudiesExamples of spend analytic projects and lessons learned.

To register click here.