We have found that indirect spend challenges are not category
specific. In fact, most indirect categories are often characterized
by nebulous contract terms, multiple pricing methodologies, and high
volume transactions that make a program incredibly difficult to
manage.
In addition, indirect spend categories are often spread throughout
an organization, making classifying and tracking more complex.
Compiling indirect spend data from across your entire organization
can reveal inefficiencies and opportunities for savings. For
example, consolidating your operation's travel or tech support
services could help your business run more effectively and increase
your bottom line at the same time.
At Dryden Group, our procurement consulting team maintains an
extensive database of vendor records and indirect spend statistics.
Our commodity experts will help your leadership develop a long-term
approach to indirect spend and benchmarking so that your business
can deploy its resources into developing better products and
stronger services.