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This is a template for your use provided by the Sourcing Industry Group. Use this document to provide direction and guidelines for classifying spend within your organization. 

Please be...

Use this worksheet for building a simple spend category classification.

Use this worksheet for building a simple spend category classification.

Use this worksheet for building a simple spend category classification.

This is a tool for your use provided by the Sourcing Industry Group. Use this document to contribute to your operations and policies. It contains formulas and examples for calculating cost savings...

The COVID-19 crisis has interrupted firms and their value networks. The lockdown measures taken by governments around the globe have triggered a massive supply and demand shock. The ensuing crisis...

This tool contains the following content for your use. 

 

Definitions for Savings, including how to calculate for:

  • Existing supplier decrease
  • New supplier...

Use this template as a guide when evaluating Spend Management solutions. 

This resource includes questionnaires on:

  • Company
  • Procurement
  • Invoicing
  • ...

Use this Cost Optimization Strategy Guide to measure the benefits in an SRM program. This presentation will help determine if the ROI results from an effective cost containment strategy rather...

When it comes to best practices, operational efficiency, and compliance, sourcing teams today tend to focus their efforts on strategic spend. Due to resource constraints, this leaves little time...

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