Procurement Leaders – Insight – Taming the Tail SpendMay 2, 2014 Procurement
Taming Tail Spend
THE SAFE, accepted way of thinking runs like this: If you split your spend into what’s manageable and what’s not, you can invest resources on ‘addressable spend’. But who ever made a name for themselves with the safe, accepted way of doing things?
While procurement organisations in the early stage of development are probably best advised to target achievable goals and ever-popular low-hanging fruit, can the same narrow focus be afforded to those further up the maturity curve?
In this whitepaper you’ll find thought leadership and examples of organisations’ success that demonstrates ways to tackle waste and to better align with finance in these tricky areas. Not having the interest or capabilities to take on these challenges is fast becoming a costly omission.