Small Vendor Engagement: Does tail spend have you in a tail spin?
August 9th, 2018
Everyone in business has heard of the Pareto principle, otherwise known as the 80/20 rule. From a procurement perspective, 80% of a company’s business comes from 20% of their suppliers. However, this means the remaining 20% of business comes from 80% of your suppliers. There is a misconception that the result is not worth the […]
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