Tail-Spend and Miscellaneous Item Sourcing
This concept is designed to offer solutions to customers with sourcing initiatives by reducing their number of suppliers. Diversified Supply, Inc. (DSI) sources miscellaneous tail-spend items to help reduce and/or eliminate vendors who customer may issue a maximum of 1 to 4 purchase orders per year or in some cases over a longer period.
By partnering with DSI as a sourcing agent for these items, one-time purchases made by P-Cards will be eliminated or reduced, the man-hours labor dollars for this effort will be reduced resulting in increased buyer productivity and attaining hard and soft dollar cost savings.
Tail-Spend items are defined as non-electrical items or products that are sourced and have no definable product category or market basket.
- Vendor Rationalization
- Area of Focus
- One-time Buy
- Low Repeat Volume
- Cost Plus Pricing Methodology
- Auditable Tier 1 Spend
What benefits can you expect?
- Fewer Suppliers to Manage
- Increased Buyer Productivity
- Improved Cashflow
- Reduced Cycle on Sourced Items
- Representative Alignment
- Expeditious RFQ Turnaround