Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

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If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

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In 2019, one of the main focuses for procurement organizations is finding new sources of value. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been completed. Identifying these catalysts, building them out, and constructing different ways to leverage these new value drivers is the focus of CPO Rising 2019: #ValueExpansion. Learn how value expansion can affect your organization in this webinar, where Andrew Bartolini, Founder &...

MADISON HEIGHTS, MI, February 18, 2020 – Xeeva, Inc., a global leader in AI-powered indirect spend management solutions, announced that the company’s Board of Directors has appointed Nina Vellayan as its new President and Chief Executive Officer (CEO). Xeeva is focused on automating indirect spend management solutions through the power of proprietary AI processes, methods, and algorithms. Its technology and proprietary AI are uniquely centered on indirect spend use cases. Founded in Detroit, the heart of...

It’s no mystery why indirect spend is often ignored. By its sheer nature, optimization has proven to be incredibly challenging. Unlike direct materials which are often highly engineered, associated with a specific set of approved suppliers, and controlled precisely through ERP and MRP technologies, indirect spend is comprised of a highly fragmented group of suppliers that vary by business unit (BU) and plant. These suppliers represent 1000s of sub-categories of goods and services and are...