Tail Spend Management – Beyond Procurement
Tail Spend Management

Fully understanding and managing company expenditure

graphic element

The benefits

Initial focus must always be on high value, high importance suppliers. Preceding this it is important to get control and manage spend within the rest of your supply chain. As your business grows it is usual to develop a vast sea of smaller suppliers to support your ongoing operations.

High volume, low value transactions need to be controlled for maverick spend and minimise associated processing costs.

Although it can seem overwhelming, understanding your tail end spend enables significant cost saving, efficiency improvement, consolidation, and better contract management.

If you are part of a larger organisation or have multiple sites, understanding tail end spend enables the creation of shared services and centralised consolidated negotiation.

 

Contact Us

Get in touch for more information on how we can help. If you prefer, you can book a free 15 minute consultation with us.

[gravityform id=”3″ title=”false” description=”false”]

Insights & Guides

Articles, news and events to further guide you on your business journey.

Get started on your net zero journey today

From start-ups to large publicly traded companies, we work with managers and directors to help them achieve their carbon reduction goals with services to match your business journey.

beyond procurement kite