Remove Chief Procurement Officer Remove Purchasing Remove Spend management Remove supply chain budgeting
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5 Procurement Trends Shaping 2024

Pipefy

Procurement teams also want less time spent on “low-value” work caused by inefficient and manual purchasing processes so they can focus on innovative high-level activities. This means a solution that: Maintains oversight of purchasing patterns overalls. Reduces the need to outsource.

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Unlocking Savings Potential with Tail Spend Analysis

Empowering CPO

Definition of Tail Spend and Its Importance in Procurement Tail spend, or non-strategic spend, typically refers to the approximately 20% of a company’s purchases that account for about 80% of its suppliers. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.