Half of companies use spend management analysis only sometimes and 14% use it infrequently or not at all.(Tip sheet: key metrics and supply alert)(Brief Article)

Purchasing, March, 2004

* Half of companies use spend management analysis only sometimes and 14% use it infrequently or not at all, according to a survey by Capital Consulting & Management of 400 purchasing managers. The survey finds most purchasing organizations don't even know their key suppliers. To learn how leading companies do sophisticated spend analysis, see story starting on page 28 of this issue.