1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igor_vitrenko [27]
3 years ago
5

__________ is the application of quantitative techniques to purchasing data in an effort to better understand spending patterns

and identify opportunities for improvement.
Social Studies
2 answers:
lidiya [134]3 years ago
6 0

Answer:

Spend analysis

Explanation:

Spend analysis is the application of quantitative techniques to purchasing data in an effort to better understand spending patterns and identify opportunities for improvement

Spend analysiscan be defined as the process of identifying, gathering, cleansing, grouping, categorizing and analyzing your organizations spend data with the sole purpose of decreasing procurement costs and improving efficiencies. Using real-time data and analytics will give you the right information you need you to save money and gain efficiency

Llana [10]3 years ago
3 0

Answer:

Spend Analysis

Explanation:

Spend analysis is the application of quantitative techniques to purchase data in an effort to better understand spending patterns and identify opportunities for improvement. It is used to answer a variety of questions, examples are; what categories of products make up the bulk of company spending, how much are we spending with various suppliers, what are our spending patterns like across different locations? where do we spend our money? It allows the organization to identify areas for cost reduction and process improvement, how the company can identify and manage their spending.

You might be interested in
What is the most likely reason the Florida Declaration of Rights has twenty-seven sections, while the Bill of Rights
Lerok [7]
This is a lot of words
8 0
2 years ago
What's a sentence using Anti-Federalists
yuradex [85]
<span>Thomas Jefferson was an active Anti-Federalist as he feared that a strong central government would result in another Monarchy.

</span><span>Anti-Federalism was a movement that against the creation of a stronger U.S. federal government and they later opposed the ratification of the 1787 Constitution. The previous constitution gave state governments more authority. Anti-Federalists worried that the position of the president might evolve into a monarchy. Anti-Federalists helped with the passage of the United States Bill of Rights.</span>
8 0
3 years ago
Explain why the Description of the World is one of the most important books in history?​
lozanna [386]

The “Description of the World” is one of the most important books in history. It contains the narrative of Marco Polo’s journey from Europe to Asia (at the court of Kublai Khan) in the thirteenth century. The book details information about plant growing in different areas and daily life for citizens in Asian countries who were at war.

This book was also influential to Christopher Columbus who decided to follow a western route to Asia after reading “The Description of the World”

8 0
3 years ago
Why was Will Clark Auto what he accomplished​
denis-greek [22]

I assume that by Will Clark you are referring to William Clark, the explorer, and not Will Clark, the former San Francisco Giant's first baseman. William Clark the explorer would have been proud of what he accomplished because he, along with Meriwether Lewis, led the American expedition across the recently acquired Louisiana Purchase in the early 1800s. Upon completing their journey, Lewis and Clark were the first in recorded history to traverse the North American continent from ocean to ocean. 

6 0
2 years ago
4.5×10 7+41,000,000. Find the Scientific notation
Karo-lina-s [1.5K]
The first answer 41,000,007. the second answer 45
5 0
2 years ago
Other questions:
  • Marbles is a Manx cat whose tail is so short that she appears not to have one. The genotype for short tail in Manx cats is heter
    7·1 answer
  • Which of the following statements is accurate?
    12·1 answer
  • On average, European women are 10 years older than women in sub-Saharan Africa when they have their first baby. Which of the fol
    9·2 answers
  • What is the term for members of the House of Representatives
    14·1 answer
  • n comparison to large groups, people in small groups: are more likely to take more than their equal share of available resources
    9·1 answer
  • At which point does Canada's mixed market economy fall on the line between peer market and command
    8·1 answer
  • When was the ministery of population environment established?​
    10·1 answer
  • Why was it difficult for poor people to be Athenian citizens?
    6·1 answer
  • You’re running late to school and have a test in 1st period, so you beg your mom to drive a little faster. You’re about a block
    6·1 answer
  • How many different nationalities are there in the world
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!