How do you manage your tail spend these days? Those one-off, non-sourced, spot purchases?
The Hackett Group’s latest report offers some interesting facts and figures on the subject, drawn from their 2016 Procurement Key Issues Study.
You might find familiar the most pressing challenges buyers face while trying to get their arms around spot buys, as well as the most common approaches for doing so, like tactical buying desks, e-catalogs, p-cards, and outsourcing.
But those approaches are quickly being superseded as best-in-class organizations start using recent advances in spot buy software. Is that the best strategy for your organization?
Find out. Download your complimentary copy today.