video1.0<iframe src="https://www.loom.com/embed/c86ff2ae9c0d4aed8314cac489a8b5a3" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/c86ff2ae9c0d4aed8314cac489a8b5a3-3905e53deac05adc.gif263.232This Loom reviews SpendLens in Spend, showing how to analyze where material purchasing spend goes and identify concentration and pricing risk. After enabling SpendLens in Settings under Labs, users access either a demo narrative or a deep-dive Explorer. The narrative highlights total spend over the past 12 months, including purchase orders and distinct suppliers, and notes that the top three suppliers account for 62 percent of total spend. It then covers single source SKUs (materials bought from only one supplier over the past 90 days) and price increases over the past 90 days, with views for PO lists and material breakdowns that can be exported to Excel.