10 Key Measures to Manage Indirect Spend
50% or more of a companyโs total purchases are accounted to indirect spend. These spend are characterized by large supplier base, low volume purchases and a diverse stakeholder base throughout the organization.
Currently almost two-thirds of procurement organizations influence less than 70% of indirect spending.
Thus organizations have long way to go to tame the indirect spend. This whitepaper gives you 10 key measures to manage your indirect spend in 2015.
In this whitepaper on you will discover top 10 measures for effective Indirect Spend Management to optimize your strategies for maximum efficiency and savings.
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50% or more of a companyโs total purchases are accounted to indirect spend. These spend are characterized by large supplier base, low volume purchases and a diverse stakeholder base throughout the organization.
Currently almost two-thirds of procurement organizations influence less than 70% of indirect spending.
Thus organizations have long way to go to tame the indirect spend. This whitepaper gives you 10 key measures to manage your indirect spend in 2015.