Understanding Tail Spend Tail spend is characterized by its high volume and low individual value. It’s the 20% of spend that involves 80% of a company’s suppliers. This segment of spend is frequently unmanaged due to its fragmented nature and the perception that it’s...
In 2023, UK procurement teams had to navigate an ever shifting labyrinth of challenges, some lingering and many new. The effects of Brexit, soaring inflation, and the aftermath of the pandemic continued to create a storm that tested the resilience and adaptability of...
James Platt has recently joined the Ebit team as our Chief Operations Officer -Delivery. James works closely with our clients and our team of consultants to ensure we deliver high quality procurement projects. With a strong background in procurement, management and...
Matt has recently joined the Ebit team as a Procurement Consultant. Working as part of our team of consultants to deliver expert procurement knowledge and advice and ensuring our clients achieve the best outcomes with their procurement projects. With a broad...
Focussing time and resource on tail spend management can often appear daunting and to offer limited returns. When it comes to optimising value, it often makes sense to focus on the largest contracts. However, Tail spend – or low value spend – contains many...
What Is Indirect Procurement? Understanding & defining the difference between direct and indirect procurement is essential. Typically, direct procurement is seen in industries such as retail, food and beverage, and manufacturing. In essence it is any industry...
