Key Points:
1) Identify where and how funds are being spent
2) What tools are available to monitor and track the activity
3) How can we leverage SAP to project future spend, inventory levels, increases in customer service and predict the smoother material flow
When we look at organizational spending a large percentage of funds are committed based on text purchase orders. These PO's are charged directly to the cost center and GL and all reporting capability of the details are lost. In an effort to reduce spending and increase service we need to know what is being bought, how it is being bought and what changes can be made in order to reduce cost, increase on-time delivery and project future spending.
