Spend Cube

When it comes to procurement, the spend cube is a tool that can help you visualize your organization’s spending. It can also help you identify patterns and trends in your spending, which can be used to improve your procurement process.

The spend cube is a cube-shaped object that has six faces, each of which represents a different category of spending. The categories are:

· Raw materials

· Manufacturing costs

· Distribution and warehousing costs

· Marketing and advertising expenses

· Research and development costs

· General and administrative expenses