Sourcing Success Story
Categories Served
-Proprietary Spares
-Stationery
-Parts on Stock
-Event Management
-Structural & Civil Jobs
-Canteen Services
Categories Served
-Proprietary Spares
-Stationery
-Parts on Stock
-Event Management
-Structural & Civil Jobs
-Canteen Services
Players in the automotive industry have an extremely diverse requirement in terms of materials, components, and parts that are procured from multiple suppliers resulting in a higher sourcing complexity and gives rise to several procurement challenges.
Tail spend is 20% of the spend that typically goes unmanaged within an organization. It is not actively managed in all the spend categories and may therefore have adverse impact on the firm’s financial performance.