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Amid an unpredictable 2020, procurement leaders have a renewed focus on cost control — especially those costs that are seemingly invisible. Manual processes and lack of data visibility are plaguing procurement organizations more than ever before.
There are methods and digital technologies for taming costs you can’t always see. Tail Spend Management (TSM) can be a significant source of incremental savings and improving the go-to-market experience for the business. However, many organizations find handling high-volume transactions with a fragmented supply base very challenging.
In this webinar moderated by Spend Matters, GEP’s Senior Director, Prince Kapoor and Associate Director, Amol Jagdale, will present today’s best practices in tail spend management with a keen eye on how to become more resilient in the face of economic and supply chain volatility. They will detail specific strategies and innovative approaches for gaining visibility, optimizing addressable spend and automating processes.