In large organizations, indirect spending usually accounts for just 20% of total spending. Yet it can represent up to 80% of the supply chain. However, this spending is often low value and fragmented transactions, making it difficult to track expenditure and allocate resource to managing these costs.
This is why GREAT tail management is essential to in optimizing your expenditure and improving bottom-line profits. Lyreco can help by reducing your hard and soft costs.
Does this sound familiar?
80% of your suppliers account only for 20% of your spend:
- Too many suppliers with small spending
- Non-compliant suppliers
- Workload capacity at maximum
- Lack of detailed expenditure visibility
- Fragmented approach to small value spend
Allow Lyreco to help you with your tail management through a completely free of charge & non-obligation audit service, with no hidden charges.
The benefits of managing tail-end spend
You will take control of your spend visibility, receiving one report in one format rather than dealing with information from multiple sources. This allows you to enrich your supplier data and guide your tail-spend in line with your objectives.
Through increased contract compliance, bulk purchasing and less one-off purchases you will see a consistent spend that gives you the best deal for your tail-end spend.
Having a reduced supply chain means it’s easier for you to manage and monitor contract performance.
We will work with you to increase end-user buy-in. Compliance will increase as users will have access to a vast product range provided in line with online marketplace prices.
We have structured our service offering by providing the necessary tools and resources in order to make things better. Regardless of country and technology, our dedicated e-procurement team makes it easy for you to focus on your priorities while we take care of everything
- Complete ranges of products available online
- 100% real time stock availability
From e-catalogues to e-invoices, Lyreco offers seamless integration with any procurement application: Ariba, Commerce, One platforms, Oracle, SAP's EBP/SRM and others. Our single IT platform facilitates global and local implementation, hence easily extending your e-procurement initiatives. Whatever the document type and protocol, (xCBL, EDI, etc.) you can count on Lyreco.