![]() ![]() Who: Region, Business Unit, Plant, Function, Cost Center, Project, Requester, etc.There are three different categories that are assigned an axis on the spend cube: A typical way to do this is to categorize by product/service based on similar characteristics-such as usage and price. The first step in creating an effective spend cube is to define these categories so that everyone is working with the same definitions. Often, you will find that different groups within your own company will have different definitions of what constitutes a category. When we talk about spend cube, it's not just the three dimensions most people think of, there are multiple layers and columns to it. This tool allows you to quickly see how much you are spending on a given product or service (e.g., packaging) across all suppliers and all business units during a given time. Elements Of Spend CubeĪ spend cube is essentially a data table or traditionally, a spreadsheet, with multiple dimensions-the category, the business unit, the supplier, and the period of time or "time slice" (monthly, quarterly, annually). The result is a graphic representation of spend analysis output from which you can make decisions on what to cut or keep, where to spend more or less, and how to justify future spending. You can slice and dice your data in three dimensions - the suppliers that you buy from, the business units in your company, and finally, the categories of products that you're buying - to understand your company's financial health. Let's take that same inquisitive approach and apply it to your business's spend data. You just couldn't stop taking things apart to see what was inside. They wanted you to put those pieces back together! And you did, but then you'd have questions about how it was constructed in the first place. If your parents were anything like mine, they were less than thrilled. Remember when you were a kid and wanted to understand how the world worked, so you took everything apart? It's essentially a three-dimensional data table that allows you to slice and dice your data in a number of ways and create a foundation for insights into your spending habits, which helps improve your bottom line. The term "cube" refers to the way data is organized. It may sound like an unlikely reality show for math wizards, but the "cube" in "Spend Cube Analysis" is actually a data analysis tool generated by spend analytics. It's a three-dimensional cube that shows you how much money your company is spending on what, where, and with whom. What is a Spend CubeĪ spend cube is just a fancy name for a systemic organization of how all your spending ties together and interacts across the various dimensions-Suppliers, Corporate Business Units, and Spend Categories. ![]() ![]() When it comes to procurement, understanding organizational spend is pivotal to making sure that your company is maximizing its potential for growth and sustainability.Ī favorite method that many businesses use to analyze spend data is building a spend cube. And what better way to get clarity than from a good old-fashioned cube? That's right-we're talking about a spend cube, which is a powerful tool that provides insight into the total value of spend per category, the number of suppliers each category has, and more.įor any business, managing and controlling costs is essential to profitability. Play solo singleplayer or join your friends in coop-online-multiplayer.There's one thing procurement professionals are always in search of, it's clarity.Find magic items to enter secret areas and to support you on your journey.Use your hang glider to take to the skies or explore the oceans with your boat.Cube World's unique per-land progression system makes finding loot, solving quests and clearing dungeons rewarding and exciting over and over again.Earn gold to buy items or to book an eagle flight to new lands.Retrieve unique magic artifacts to level up and improve your skills.Discover procedurally generated lore and learn about ancient civilizations and magic artifacts.Solve quests, help residents, fight huge monsters, explore ancient dungeons! It's all up to you! Tame pets that fight along your side and can be used as mounts.Craft weapons, armor, potions, elixirs and food and more from ingredients found throughout the world.Scroll and zoom everywhere to find your next destination! Plan your next adventure with the 3D voxel world map.Explore a nearly infinite, procedurally generated fantasy world.Action-based combat with dodging, aiming, combos, special skills and more.Choose between four different classes: Warrior, Ranger, Mage, Rogue.It takes place in a procedurally generated fantasy world made up entirely of cubes. Cube World is a voxel-based action RPG with a focus on exploration. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |