Consolidate your low-frequency purchases, reduce costs, and gain full control over your indirect spend
Tail Spend Management, also known as managing the «long tail» of spend, is a strategy that consolidates purchases from multiple low-frequency suppliers into a single provider. This leads to significant cost savings and greater efficiency. Your procurement team can then focus on more strategic purchasing activities.
Non-strategic items take up 80% of the procurement department’s time but account for less than 20% of the budget.
This creates a range of costs and inefficiencies that can be addressed to optimize operations and increase business profitability.
We help you bring a greater portion of your tail spend under management, achieving efficiencies and savings that optimize and enhance the profitability of your industrial procurement operations.
We offer a tail spend consolidation service through IDICO to reduce the operational burden on your procurement department. We streamline the supply chain by consolidating purchases and eliminating unnecessary steps, fully adapting to our clients’ needs.
The perfect solution for you
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