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This book describes fundamental explanation of how one constructs spend management cost assignment network that models an organization and becomes its repeatable reporting system.The expansion of costing beyond just products and base services into channels,distribution,and customers enables customer contribution profit margins to be calculated and made visible.Again it discusses applying spend management across an entire supply chain of trading partners to improve profits and remove excess costs.It also gives a preview of where spend management is headed.
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Ravi Ranjan Mittal is the Director of an Insurance Academy, which claims to be the unique international post experience business school with focus on insurance. He is an M.Sc. (Physics), MBA CAIIB, D Litt in Management. He is practicing researcher primarily in area like Investment, Banking, Monetary Economics and Insurance and secondarily in areas like corporate finance, organizational restructuring, M & A and Turnaround management. He has high visibility in domains like administration, boundary management, domestic and international consulting and research, publications, organic growth and new institution building. He is also in the statuary advisory committee of various financial units of India.
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