Learn how to create a Procurement Spend Analysis in Excel using a Sankey Diagram with ChartExpo and gain deeper insights into purchasing patterns, supplier spending, and procurement performance.
A Procurement Spend Analysis helps organizations understand where money is being spent, identify cost-saving opportunities, monitor supplier performance, and improve purchasing decisions. Using a Sankey Diagram, you can visualize the flow of spending across categories, departments, suppliers, or procurement channels.
In this step-by-step Excel tutorial, you'll learn how to prepare procurement data, create a Sankey Diagram, customize the chart, and export professional-quality visualizations without coding or complex formulas.
This tutorial is ideal for procurement managers, supply chain professionals, business analysts, finance teams, purchasing departments, and Excel users working with spend analysis and business reporting.
🔑 What You'll Learn
• What Procurement Spend Analysis is
• How to organize procurement data in Excel
• Data requirements for a Sankey Diagram
• Creating a Sankey Diagram from spreadsheet data
• Customizing chart properties and appearance
• Exporting charts for reports and presentations
• Using ChartExpo for fast and effective data visualization
đź“Š Why Use a Procurement Spend Analysis Sankey Diagram
A Procurement Spend Analysis Sankey Diagram helps you:
• Visualize spending across suppliers and categories
• Identify procurement trends and patterns
• Monitor purchasing performance
• Discover cost-saving opportunities
• Improve strategic sourcing decisions
• Present procurement insights more effectively
⏱️ Timeline
00:00 Introduction
00:38 Data Requirements for Sankey Diagram
01:21 Preparing Procurement Spend Data
01:50 Creating a Sankey Diagram in Excel
02:22 Customizing the Chart
03:58 Exporting the Chart
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