Question: Please provide at least one discussion thread (minimum 10 lines) on EACH of the topics #1 and #2 below: 1. Considering the process of spend

Please provide at least one discussion thread (minimum 10 lines) on EACH of the topics #1 and #2 below: 1. Considering the process of spend category analysis, what is the definition and purpose of a Price Analysis and how do you conduct one? 2. When would a Supplier Cost Analysis be required (instead of simply a Price Analysis)? Hint: there are two key requirements that must exist. And describe at least two of the various methods for conducting a Cost Analysis, briefly highlighting key aspects of each process. a

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