We would like insight into how other companies have defined spend under management, including both parts of the equation.
How do you define spend (e.g. what is included and what is excluded)?
What is defined as 'under management' (e.g. purchase order spend; spend covered by a sourcing plan, contracted and controlled)?
Additionally, do you utilize the term 'addressable' spend. If so, how is it defined and is it incorporate in the above equation?
If you wish to donate any templates or tools to this inquirer or to the SIG Resource Center, please feel free to email Mary Zampino directly at mzampino@sig.org. All templates and tools can be scrubbed by SIG and approved by you before posting.
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We would like insight into how other companies have defined spend under management, including both parts of the equation.
If you wish to donate any templates or tools to this inquirer or to the SIG Resource Center, please feel free to email Mary Zampino directly at mzampino@sig.org. All templates and tools can be scrubbed by SIG and approved by you before posting.
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