TUTELAM STRATEGY CONSULTANTS P LTD TAIL SPEND MANAGEMENT
TUTELAM
About us
Tutelam, a technology enabled procurement outsourcing and consulting company facilitating Corporates in Operational excellence programs leading to Cost reduction.
Tutelam, a complete Procurement, Supply Chain and Commercial services Provider. Our focus is upon meeting the unique and ever changing supply chain requirements of our clients on an ongoing basis and enhancing that evolution with innovative solutions that facilitate a competitive advantage for our clients in their markets
Tutelam – Tutelage - Protection
WHO WE ARE? Tutelam, a procurement outsourcing company enabled by IT application collaborating with corporates to conceptualize, establish operational excellence programs for cost benefits
A knowledge and implementation partner for change management in Procurement One stop service solution provider in the sphere of procurement activities
Tutelam collaborates to create innovative procurement strategies that deliver cost reduction, improved systems / processes, transparency and compliance
WHAT DO WE DRIVE‌? Cost Savings Process Improvement
What else?
Many Intangibles
TAIL SPEND MANAGEMENT
TAIL SPEND MANAGEMENT
• Tail-Spend management program includes reduced cost of procurement operations. • Tail-spend management services help enterprises unlock more value from their tail spend by increasing spend under management and reducing operational costs. • Improved process efficiency and better allocation of time and resources for tail spend can result in significant cost savings and increased ROI for the company as a whole.
TAIL SPEND MANAGEMENT 60 % spend from 20% vendors
20 % spend from 10% vendors
Off Contracted Spend Fragmented Spend Low value Spend Low value transactions Non-PO spend Commercial / one-time vendor Unclassified / misclassified Spend Maverick Spend
TAIL SPEND 20 % spend from 70% vendors
Tutelam will facilitate analysis of data leading to either an outsourced or implant model
TAIL SPEND MANAGEMENT PROCESS STEPS
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Retrieve Spend Data
Compute Tail spend scope for definition
Analyze Spend Data
Segment Tail Spend commodities
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Deploy relevant and complementary procurement application to existing technology landscape
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Measure improvement in tail spend performance along with metrics. Eg., cost reduction, cost avoidance, transaction cost and better spend visibility etc
Define Tail Spend
Identify savings opportunities (cost reduction and cost avoidance through eAuction) for scoped spend in tail spend at two levels: Transactional and Spend
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Source to Contract
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Procure
It is imperative to have a mechanism so as to prioritize sourcing plans and identify sourcing strategies, as there are many spend categories, sub categories and commodities to be managed
THANK YOU 1054 | 2nd Floor | 7th Main 3rd Block | Koramangala Bangalore – 560 034 Phone: 00 91 2553 0001 | 2553 0002 www.tutelam.com
U8, First Floor DLF Phase III Gurgaon – 122 002 www.tutelam.com