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Bill McBeath leading ISM Seminar on Spend Analytics

August 29, 2022 @ 12:00 am

17, 2013 – Half Day Seminar


with Bill McBeath


Friday, May 17, 2013

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

– $120 Non-members – $220

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

4 points will be given the day of the seminar

register click here.


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
  • 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.


August 29, 2022
12:00 am
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