S&P Global Spend Analytics

What S&P Global Spend Analytics is

S&P Global Spend Analytics helps supply chain teams understand total spend, identify cost-saving opportunities, choose areas to focus on, and track savings. It processes spend data from multiple sources, cleansing, rationalizing, and classifying it before using cost models to find opportunities across spend categories. Its related Cost Analyzer provides price, wage, and cost information for benchmarking supplier costs and assessing purchasing performance. The listed coverage includes 500,000+ historic prices, 4,000+ forecasts, and more than 500 cost models across 60 geographies. Procurement and purchasing teams can search by concept, geography, series type, and frequency, then filter historic and forecast data, combine series, and view charts. They can build and save reports, export data for other models or applications, and revisit it in the tool or a refreshable Excel workbook. Work can also be shared with colleagues. Users can adjust pre-built models by changing component weights and parameters and categorizing data series by cost type. S&P Global traces its roots to 1860 and is headquartered in New York City. Product pages invite buyers to request information; no price is displayed.