Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

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If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

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Procurement is under unprecedented pressure today to manage pricing and supply, but do you really know what you are buying, where you are taking price increases, and on what items are lead times inflating? How good is your ERP spend data? Because garbage in, garbage out.   Most companies would agree that a large percentage of the spend data in their ERP systems are misclassified or unclassifiable, and analyzing bad data will get you bad...

Taking on the complexity of indirect spend is no easy task. Discover what the biggest challenges are, ways to confront them, and how to tackle the next phase of indirect spend. What you’ll learn: How to optimize indirect spend The benefits of cutting costs and discovering savings opportunities Why it drives value to apply new AI technology & modern thinking to indirect spend

Due to the increasing influence technology has had on the way business is conducted worldwide, it has never been so important to leverage new processes and applications to set organisations apart from competitors, particularly in the supply chain space.