Description
The mastery of Tail Spend purchases is a complex problem due to the very nature of these one-off purchases. However, they represent the largest part of business transaction costs, often between €100 and €250 per order. In this white paper, we explain what Tail Spend purchases are and how to optimize Tail Spend purchases.
Tail Spend purchases can be optimized
Tail Spend purchases are a complex issue due to the very nature of these Purchases. They are in fact fragmented across a large number of product and service purchasing families, and managed largely by users scattered throughout the company. They are also expensive in terms of administrative management. These are purchases that are not related to the company's direct activity. For example, for a car dealership, the purchase of office equipment, supplies or even hygiene products does not fall within the company's strategic purchasing category. Finally, Tail Spend procurement expenses remain difficult to manage and control, due to their complex, fragmented and non-strategic nature. Through this white paper, we show you how to optimize Tail Spend purchases.
What you will find in this white paper:
- Earning levers
- Conducting an internal diagnosis of Tail Spend purchases
- Optimization options for your spot purchases
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