Spend Analysis and SAP MM
The Quagmire of Spend Data
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Key Takeaways
⇨ A wide range of business processes falls under the SAP MM (Materials Management) module, from purchasing to inventory management.
⇨ Such an extensive portfolio of business processes also means much data being generated and captured.
⇨ The value of capturing that data can be realized only through analytics.
A wide range of business processes falls under the SAP MM (Materials Management) module, from purchasing to inventory management. Such an extensive portfolio of business processes also means much data being generated and captured. As SAPinsiders highlighted in our research reports like Process Automation and SAP S/4HANA, as well as in Process Automation in Supply Chain, capturing this data to generate visibility into these processes is critical. However, the crux is not just capturing the data. The value of capturing that data can be realized only through analytics. That is why SAPinsiders indicated a need for focused research on data and analytics in the supply chain. To cater to this interest, SAPinsider will publish a research report, Supply Chain Analytics, and Data Management, in Feb 2023. This article will highlight how one of the analytics technologies covered in the report, spend analytics, can help generate value in SAP MM business processes.
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