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Procurement Analytics

Data-Driven Decision-Making in Procurement and Supply Management

Christian Mandl author

Format:Hardback

Publisher:Springer International Publishing AG

Published:29th Dec '23

Currently unavailable, and unfortunately no date known when it will be back

Procurement Analytics cover

This unique textbook explicitly addresses the intersection of advanced analytics and procurement. It is motivated by one core question: How can firms generate (economic) value from procurement data? It demonstrates that procurement is one of the major functions within a firm where data analytics, artificial intelligence, and operations research can successfully be leveraged to reduce cost and risk and to achieve resilience and sustainability goals.

The book provides a methods-based overview of data-driven optimization of purchasing decisions. Besides presenting key concepts and applications, it particularly focuses on implementation, so as to help (future) procurement managers and data scientists quickly evaluate the value generated by a given data-driven solution. What sets this textbook apart is its combination of rigorous, state-of-the-art methodologies from academic research and first-hand experience from various application-oriented consulting projects in a range ofindustries. 

Though primarily intended for graduate students with a major in procurement and supply chain management, the book will also benefit purchasing managers with and without specific knowledge of advanced analytics techniques, and data scientists with and without specific experience in procurement.


ISBN: 9783031432804

Dimensions: unknown

Weight: unknown

268 pages

1st ed. 2023