Why data analysis skills are important to spend analysis


Assignment:

Data Analysis Skills and Thinking

Question 1. Create a paper of at least four pages in length, excluding the title and reference pages, that includes at least two scholarly sources (in addition to the text). Explain in detail why data analysis skills are so important to spend analysis. Describe how a structured process such as Six Sigma methodology can be useful to identify spending patterns and identify opportunities for improvement. Recommend which functional areas of the business, such as finance, should be involved in spend analysis efforts and justify the rationale for your choices.

Your paper must be formatted in APA style as outline in the Ashford Writing Center.

Text Book is - Bozarth, C.C. and Handfield, R.B. (2012). Introduction to operations and supply chain management (3rd ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall.

 

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Business Management: Why data analysis skills are important to spend analysis
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