Insight
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Tail Spend Unlocked: Insights for Procurement Leaders
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In this expert Q&A video series, Efficio experts Thomas Karger and Peter Davison explore how organisations are transforming the…
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What has changed recently in the market that makes tail spend influence more achievable today?
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New procurement technologies and growing executive attention are transforming how organisations approach tail spend. In this vi…
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How can organisations move from ‘accepting’ tail spend to controlling and creating value from it?
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Successful tail spend management depends on aligning procurement processes to different spend segments. Peter Davison, Principa…
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How do you approach existing catalogues and identify where new catalogues or marketplace channels could be built?
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Peter Davison, Principal at Efficio, explores how procurement teams can improve existing catalogues and identify new catalogue …
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How do you drive continuous improvement once a tail spend solution is live, versus treating it as a one-off transformation?
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Tail spend management is not a one-time transformation project. In this episode, Peter Davison, Principal at Efficio, discusses…
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How can organisations approach analysing or segmenting their tail spend?
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Not all tail spend should be managed the same way. In this video, Peter Davison, Principal at Efficio, explains how segmentatio…
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When an organisation thinks, "Our tail is too fragmented to fix," where do they start to address the problem?
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Peter Davison, Principal at Efficio, explains why effective tail spend management starts by fixing the buying journey itself. I…
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Why is tail spend an untapped opportunity for many procurement leaders?
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Tail spend can represent a significant share of third-party spend, yet many organisations still struggle to manage it effective…
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What is the trade-off between an open marketplace and a controlled closed marketplace?
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Thomas Karger, Director at Efficio, examines the trade-offs between open and curated marketplaces in tail spend procurement. Le…
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What is the relevance of orchestration tools in a tail spend context, and why does it matter?
Video
Orchestration tools can support modern tail spend management solutions. In this video, Thomas Karger, Director at Efficio, disc…