Tail Spend Challenges

Tail Spend Challenges

Tail Spend usually constitutes the 20% of spend that is ignored and not actively managed. It is usually composed of  low value, low volume and non-critical commodity products. These products could be anything like uniform, apparels, office furniture, or papers....
5 Reasons to Tackle Tail Spend

5 Reasons to Tackle Tail Spend

The traditional view of procurement, promoted by large consultancies, is to focus on managing the top 80% of spend and ignore the 20% of spend in the tail. The argument for ignoring spend is that there are few opportunities for savings.  However, as “sourcing...
5 signs you have a tail spend problem

5 signs you have a tail spend problem

Do you have a tail spend problem? Here is our list of 5 signs that show you could have a problem with tail spend. 1Your finance team come up with different numbers to your procurement team Many organisations rely on poor quality information such as simple summaries of...
Tail Spend Infographic

Tail Spend Infographic

Tail Spend Infographic: Challenges and Solutions Every year companies make millions of purchases that are too small to be handled by procurement or too infrequent to be included in a single vendor catalog. Challenges Demand dispersed across business Manually sourced...
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