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Category: Spend Analysis

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What Is Strategic Sourcing And How Is It Linked With Spend Analysis?
  • Spend Analysis
  • October 15, 2022

What Is Strategic Sourcing And How Is It Linked With Spend Analysis?

Strategic sourcing is assessing and selecting suppliers based on their ability to provide goods or services at the lowest total cost of ownership. This includes all costs associated with acquiring, using, and disposing of goods or services. Spend analysis is a process used to understand an organization’s spending patterns. It provides visibility into where an […]

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