Every procurement organization strives to continually meet its sourcing strategy objectives. Whether those objectives involve reducing supplier spend, managing risk or complying with industry regulations, procurement executives must make decisions about which suppliers to do business with – and how much business.

Such decisions first rely on complete, accurate spend data and on the ability to analyze that data for trends and outliers in procurement activities. But even with comprehensive visibility into procurement, determining optimal supplier spend depends on the ability to balance hundreds or thousands of variables for the best result. Procurement organizations need a reliable way to model their procurement spend – a method that factors in all the nuances of complex supplier relationships and allows for easy "what-if" calculations.

Take the next step in strategic sourcing:
With SAS, you can not only rank your suppliers but also employ user-defined business rules to narrow that list and recommend the best way to achieve your procurement goals.

Based on your objectives of reducing spend or optimizing risk exposure, you can calculate not only which suppliers you should retain, but how much money you should spend with each one to best meet your stated objective.

This analysis provides guidance for answering such strategic questions as:

From whom should we buy?
Should we spend more or less with a given supplier?
What should we buy from a given supplier?
How should we alter our buying practices?