When rush order, one-time buy, and low-dollar buy requests crowd your desk, it can spell trouble for your company’s business cadence, not to mention your workload. In fact, according to a recent Hackett Group study, more than 40 percent of all spend under procurement’s control falls into the category of tactical sourcing, familiarly known as spot buying. Unlike strategic sourcing, spot buy is an under-managed, under-served purchasing type in most companies, with gaps in policy, process, and especially the lack of innovative technological tools to facilitate supplier identification and time-sensitive purchasing process.

During this webinar, Kurt Albertson Senior Director of Advisory Services – Procurement with The Hackett Group, will share tips for best managing spot buys. Additionally, Ariba customer, JM Huber, will share their real-life examples on how they tapped into this opportunity, proving tips that can help your organization develop a plan to better manage your spot buy process, reduce cycle time, and realize savings.

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