How To Unlock Game Changing Tail-End Spend Savings: Leading Industry Analyst Commentary And Real World Examples
Tail-end spend management receives increasing recognition as an impactful piece of the procurement puzzle. After all, most organizations are leaving tens of millions on the table. This is because 20% of most organizations ' suppliers account for 80% of total spend and, thus, receive the most attention. This leaves the 'tail-end, ' the remaining 80% of the suppliers who account for 20% of spend, under-addressed.
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Tail-end spend management receives increasing recognition as an impactful piece of the procurement puzzle. After all, most organizations are leaving tens of millions on the table. This is because 20% of most organizations ' suppliers account for 80% of total spend and, thus, receive the most attention. This leaves the 'tail-end, ' the remaining 80% of the suppliers who account for 20% of spend, under-addressed.