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11/15/2010

Best Practices In Sourcing: Use Spend Analysis to Gain the Visibility that

Drives Higher Performance

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The Formula for Sourcing Success

Visibility + Spend Analysis + Process

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Visibility: Key to Best-in-Class Spend Management

»Today’s economic conditions require nothing less than best-in-class spend management »Visibility into enterprise-wide spend is critical for

procurement departments»Spend analysis delivers the visibility needed to:

»Drive strategic planning»Refine operational focus» Improve business results

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Spend Analysis Answers the Key Qs:

»How much am I spending?»Who am I spending it with?»In which categories do I spend the most?»Where are my opportunities for saving more

money?»Can I achieve better terms of service?

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With Spend Analysis You Get

»Increased savings»Lower compliance risk »More spend under management »Better decisions made with great knowledge and

context

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Contact Us

»33 N LaSalle StChicago, IL 60602Phone: +1 312-201-9600Fax: +1 312-201-9700

»For more information on BravoSolution’s spend analysis tool, visit BravoSolution.com.