Wk3 Assignment

Week 3 - Assignment

Data Analysis Skills and Thinking

Submit a paper of at least four pages in length, excluding the title and reference pages, that includes at least three sources, including a minimum of two scholarly sources and 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 (Chapter 4) 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.

Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.

Required Resources

Text

Bozarth, C. C., & Handfield, R. B. (2016). Introduction to operations and supply chain management (4th ed.). Upper Saddle River, NJ: Pearson.

• Chapter 7: Supply management
• Chapter 8: Logistics
• Chapter 9: Forecasting
• Chapter 4: Business processes