Managed Spend

When the business involves the supply management group in purchasing and sourcing, it can increase savings, better leverage organizational spend, negotiate stronger contracts, and protect the organization from supplier risk. Managed spend, as a percentage of sourceable spend, is a primary indicator of a company’s ability to capture value from the supply management process. Members can access The Metrics of Supply Management: A Cross-Industry Report 2024 in the CAPS Library to see the full report.

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