| Spend Analysis is determined
by examining the total spend of a particular category and how well
that spend is "leveraged" across the enterprise. Spend Analysis
has traditionally been one of the most commonly outsourced procurement
activities. The reason being spend data is dispersed in disparate systems
within and across the enterprise. And few companies have effective
procedures for accessing, cleansing, categorizing, and analyzing this
data. Most enterprises hire a third-party to help conduct the spend
analysis required to determine which spending categories to outsource.
Indiaengineering’s Spend Analysis Services enables companies
to quickly understand their spending and identify opportunities
for controlling and reducing costs. It provides clients with objective
and quantitative information compiled by experienced professionals,
which helps in understanding of current spending habits, costs,
requirements and patterns of behavior, formulating a purchasing
and procurement strategy.
Our Spend Analysis Services provides an integrated, effective
analysis methodology to assess your spend using a step-by-step
approach with a team of proven procurement consultants. These industry
experts help you gain comprehensive visibility of your spend and
sourcing opportunities across all systems, divisions and categories
and drive savings to your bottom line.
Our Spend Analysis services constitutes the following :
Spend Collation: An in-depth Spend Analysis through
Extraction, Compilation, Classification, Enhancing & Cleansing
of data.
Method of Sourcing Analysis: Study of existing Sourcing Methodology,
establishing the sourcing needs of the organization, Method of
Sourcing Recommendation Report, and
Aggregation Analysis
| 
