English to Spanish Other Accounting

Sourceable
Spend that can be reduced through one or multiple strategic sourcing techniques such as competitive bid processes and specification rationalization

Non-Sourceable
Spend that cannot be reduced through strategic sourcing due to policy or law; such spend includes debt services and tax payments

Addressable
Spend that is sourceable and that is not under a formal contract with volume commitments

Non-Addressable
Spend that is sourceable but is under contact, such as power, or very highly fragmented and localized
Spend that is sourceable, but not in Procurements current scope