Our Approach to Tail Spend Management 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…
Delivering Intelligent Procurement
Delivering Intelligent Procurement Solutions The last few years have been a challenge for all businesses here in the UK and delivering intelligent procurement solutions has come to the fore. In the past three years, inflation has significantly impacted SME businesses in…
Supplier Relationship Management
Supplier Relationship Management Are you looking for a way to gain a competitive edge in 2023 and beyond? Do you want to become the preferred partner for your suppliers and unlock new opportunities for growth and innovation? If so, you need…
Increasing Contract Compliance = Reduced Risk
Increasing Contract Compliance = Reduced Risk Contract compliance continues to pose a challenge across many businesses, with the threat of supply chain disruption, failure to meet regulatory standards, legal action and reputational damage linked to non-compliance. Whilst the understanding that Contract…
Engaging Stakeholders
Stakeholder engagement is an essential skill for procurement teams. Here we look at some of the lessons learned by the team here at Ebit
Green Shoots New Store
Green Shoots & New Stores Is it possible to see the first green shoots of recovery for retailers in the UK? The recent better-than-expected news around increased footfall and sales figures have increased optimism. The news of planned new store openings…
Budgets & Resilience
Making your Budget Resilient in 2023 As we move towards the end of the year executives are renewing their focus and plan for their budgets in the coming year. In these uncertain times there is a focus on cost control and…
Keeping Control of your Contracts
Keeping Control of your Contracts We’ve worked with several businesses over the last few years, helping to identify opportunities to drive savings and service improvements. By identifying and implementing procurement strategies and policies we are able to ensure that their business…
Indirect Procurement
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 where there is a…
Virtual Procurement
Introducing Ebit’s Virtual Procurement Service Can you imagine having a complete procurement team on call to provide support when you need it? Ebit’s Virtual Procurement model gives you that flexibility for a monthly fixed fee. We will provide access to our…