In association with Amazon Business
How better tail spend management can improve relationships with key stakeholders
Forward-looking procurement heads are recognising that more effective management of tail spend can free up resources and so allow them to focus on more strategic initiatives.
Speaking at a recent seminar organised by Procurement Leaders the procurement chiefs of Mondelez International Inc and Osram describe how clamping down on tail spend and rogue spend by partnering with trusted third-party B2B marketplaces has allowed them to focus on core business.
Download this Procurement Leaders advertising feature to hear from how Laurent Brunel vice president global procurement logistics and capex, Mondelez International Inc, the company behind Milka, Oreo and Toblerone, took steps to tame over $100m of tail spend.
Also read how Ulrike Salb, senior vice president global procurement OSRAM Licht AG, describes how procurement can bring in innovation from external partners and help facilitate enhanced business partnering with key internal stakeholders.