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Data Analytics Teams and Procurement

Procurement leaders are turning to data analytics teams to help them leverage the wealth of data available and meet business goals, but what skills should the team have? This research investigates assembling, structuring, retaining, and supporting the team. It examines how data analytics can facilitate procurement practices related to spend analysis, contract management, market intelligence, and supply chain risk. Insightful comments by CPOs at various stages of the data analytics journey offer a real-life look at how data analytics teams function and succeed in many organizations. Members: access this report in the CAPS Library now. ...

Physician Preference Items Management

Physicians have autonomy in deciding the devices they use for patient care, which can circumvent cost savings, volume economies, and other benefits that come from including procurement. Approximately 60% of total spend by hospitals comes from physician preference items (PPI) for which physicians play a key role in acquisition. The goal of this report was to study challenges, opportunities, and management efficiencies involved in procuring PPIs. ...

Procurement Analytics

This report examines the ways companies can architect their procurement data to lay foundations for the discovery of new insights and evolve through various levels of maturity.

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