Spend Analysis plays a critical role in an Opportunity Assessment (OA) one of Emptoris offerings. Why is this step criti

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answerhappygod
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Spend Analysis plays a critical role in an Opportunity Assessment (OA) one of Emptoris offerings. Why is this step criti

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Spend Analysis plays a critical role in an Opportunity Assessment (OA) one of Emptoris offerings. Why is this step critical?

A. The data serves as the foundation for the OA, thus enabling the consultant to understand client spend across multiple dimensions including but not limited to: category/UNSPSC, business unit, time, region, vendor, payment terms.
B. It enables the consultant to immediately execute Sourcing opportunities based on intuition.
C. As a contract repository, it provides visibility into the client's existing contracts/language and allows him/her to immediately begin making contract-related process improvement recommendations.
D. Spend Analysis houses a supplier database thus providing important supplier contact information for the consultant, such as name, phone number, email He/she can pick up the phone and begin negotiating rates on existing contacts.
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