Benchmarking Spend Management

We would like insight into how other companies have defined spend under management, including both parts of the equation.

  1. How do you define spend (e.g. what is included and what is excluded)?
  2. What is defined as 'under management' (e.g. purchase order spend; spend covered by a sourcing plan, contracted and controlled)?
  3. Additionally, do you utilize the term 'addressable' spend. If so, how is it defined and is it incorporate in the above equation?


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