Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. What is tail spend?

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Claritum

MAY 11, 2018

Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Do you have visibility of a global supply chain? Supply chain visibility is poor. %.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Empowering CPO

JUNE 20, 2023

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.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Procurement Software

JULY 11, 2023

Bettina was a Finance professional before founding Berlin-based spend management startup Hivebuy. She goes one step further and says that Procurement and Finance definitely see each other, but don’t necessarily understand one another. In an ideal world, the Chief Procurement Officer should report directly to the CEO.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

Planergy

JULY 5, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. That’s where procurement’s role becomes so crucial.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130