How to Calculate Spend Analysis
What is Spend Analysis?
Spend Analysis Calculator helps logistics and supply chain professionals optimize operations and reduce costs.
Formula
Category Spend % = Category Spend / Total Spend × 100
Step-by-Step Guide
- 1Categorize all invoices, sum by category, calculate percentage
- 2Apply the formula with your specific values
- 3Use the result to optimize operations or costs
Worked Examples
Input
$10k raw materials out of $50k total
Result
Category % = 10000/50000 × 100 = 20%
Common Mistakes to Avoid
- ✕Using incorrect units or dimensions in the calculation
- ✕Ignoring surcharges and accessorial fees
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