Top 5 Things Every Manager Must Know About Tail Spend

Top 5 Things Every Manager Must Know About Tail Spend

Typically in each organization the 80/20 rule governs that the highest spend category absorbs 80% of the cost and 20% of the cost is absorbed by tail spends. Going by the same rule, a majority of the organizations that are looking for procurement efficiency have possibly already optimized 80% of the spend, leaving only the […]

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