Procurement Analytics
Analytics for procurement and supply chain: spend, suppliers, contracts, and sourcing metrics.
Key metrics
- Spend — Total spend, by category, supplier, or business unit
- Savings — Cost reduction vs. baseline or benchmark
- Supplier performance — On-time delivery, quality, compliance
- Contract utilization — % of spend under contract vs. maverick
- Cycle time — Time from requisition to PO to delivery
Spend analysis
- Spend cube — Category × supplier × time
- Tail spend — Low-value, high-volume transactions
- Consolidation opportunities — Duplicate suppliers, fragmented categories
- Price variance — Actual vs. contract or benchmark
Supplier analytics
- Supplier concentration — Risk from single or few suppliers
- Payment terms — DPO, early payment discounts
- Compliance — Diversity, sustainability, risk scores
Common analyses
- Spend by category and trend over time
- Top suppliers and concentration risk
- Contract compliance and leakage
- Savings tracking and realization