When it comes to making sense of spend analytics, the sheer amount of meaningful data can make it feel like you’re searching for a needle in a haystack full of needles! Every trend and pattern seems useful at first, but if you aren’t careful you may end up chasing dead ends. When it comes to spend analytics, leaders and decision makers need a way to distinguish real signals from a lot of noise.
Partnering with IT leaders in your organization is one way to achieve this, and supplementing this partnership with meaningful conversation with key business partners can produce a fuller appreciation for the business need for analytics. Forming these partnerships, and ultimately finding the right needle for you, is something that takes time and effort.
But its a worthy journey, and we are here to help you along the way. We started with How to Buy Business Intelligence in mid-February by focusing on four key questions for successful BI integration. On March 8th, we continue this study with a webinar from Professor Rob Handfield, Executive Director of the Supply Chain Resource Cooperative at NC State’s Poole College of Management, on Best Practices in Public Sector Spend and Procurement Analytics.
Those who attend this webinar will appreciate why analytics is a challenging practice, and why engaging customers and stakeholders in meaningful conversations about business challenges is integral to overcoming these challenges. Additionally, Professor Handfield will help you think through questions that will help you identify the solution providers that match your needs. We will conclude the webinar with a public sector case study on local spend analytics.
Register today for Best Practices in Public Sector Spend and Procurement Analytics and learn what it takes to successfully incorporate advanced analytics into your procurement organization.