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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

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Procurement Cost Savings – Measure, report and increase cost savings

Obobo

If you’re responsible for a procurement team , reducing costs is probably one of the main goals you care about. In fact, cutting costs is the primary KPI for most purchasing organizations. But what’s the best way to measure and report those cost savings ? What are the Benefits of Procurement Cost Savings?

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What is RFX In Procurement? Understanding RFP’s, RFQ’s & RFI’s

Obobo

In many cases, companies believe they do not need a procurement software solution because they believe they are not large enough. By saving time and money, these software systems help companies be more efficient. Considering the number of projects companies work on on a daily basis, that represents a considerable number of hours.