Managing low value spend
We can provide an end-to-end management service for low-value spend on your behalf, from organising quotes to contracting and payment.
Low value or tail end spend accounts for around 80% of an organisations’ supply base, and 20% of its third party expenditure. We focus on driving out savings and create more efficient ways of working, allowing client's resources to focus on strategic rather than tactical activities.
We focus on driving out savings and create more efficient ways of working, allowing client's resources to focus on strategic rather than tactical activities. We currently deliver savings of around 8% on the value of spend under management, on top of the efficiencies gained from processing improvements and economies of scale.
By using our procurement processes across all categories of low value spend, we are able to generate significant savings throughout the supply chain.
By building on existing operating procedures and putting in place tried and tested change management processes, we are able to mobilise to deliver results quickly and with maximum buy-in from the organisation.
We can help you build a business case for change, using our vast benchmarking datasets to show the value to be gained from our solution.
A sting in the tail
Find out more about delivering value from low value spend in our guideRead more