A purchasing executive concerned about a perceived lack of control over purchasing activities should
A) determine the profit leverage level.
B) create a supplier scorecard.
C) conduct a spend analysis.
D) conduct a preferred supplier analysis.

Question

Quizplus · Accepted Answer

Spend analysis seeks to show who is doing the buying, suppliers, volumes, and prices paid so that cost reductions can be found through increased control.

A Purchasing Executive Concerned About a Perceived Lack of Control