Procurement teams are like supermodels, they don’t get out of bed for deals with less than the spend involved.
This is a reflection of the resources available and prioritising the largest suppliers who have the biggest impact on spend or service. The 80/20 rule is alive and well, with 80% of the spend coming from 20% of the suppliers.
Tungsten Network Analytics looks at all your spend over the Tungsten Network and with a few clicks allows you to see:
- all your tail spend
- who your suppliers are
- what currencies they invoice you in
- what products they provide and how the price of these products have changed over time
The data your procurement team needs is now at their finger tips Learn more by reading the Spend Matter report now.