One of the procurement world's upcoming new voices, Gaurav Sharma is a Procurement Manager And Data Scientist combined into one. He draws the insights from decade long experience acquired through various roles in procurement.
 
The idea behind this book is simple. It is written from a procurement manager’s point of view. “There are too many digital sourcing solution providers today and their sales pitch revolves around cost-saving. Spend Management solution providers are no different. They tend to discourage the use of simple tools such as Excel to promote theirs” says Gaurav.
 
He believes it is very much possible to address as much as 60% of your tail spend just using Excel and no other special tool. Like said earlier, the Majority of Procurement’s Spend Analysis requirements can still be solved using simple tools such as Excel provided our buyers know what exactly to look for.
 
This is exactly what he has shared with the readers through this book on Tail Spend analysis using Excel so that the buyers can develop the spend analysis skillset. This book is meant to be read along with the dataset and step by step replication methodology.
 
Path to the dataset has been included in the respective Chapters. You are highly recommended to download the “working file” and then work your way through the chapters.You will learn techniques of how to do Data Preparation in Excel, Finding Hidden Tail, Identify Cost Savings for Items with One Vendor, Advanced Spend Analytics, and much more.