Tail-Spend Management Services

GEP, alongside our trusted partner Full Horizon Ventures (FHV), is revolutionizing how businesses manage tail spend. Our GEP Total Tail Spend Solution combines the expertise of our dedicated teams with innovative AI-powered technology. Leveraging intelligent automation and real-time data insights, we optimize your procurement and supply chain operations, transforming these often-overlooked areas into strategic assets.

Our approach not only drives significant cost savings and sustainable value but also enhances your financial agility and operational efficiency. By improving working capital through better payment terms and supplier financing, we reduce administrative costs and enhance cash-flow management, ultimately boosting your bottom line.

Your tail spend is one of the biggest sources of incremental savings available. If you combined the individual spend on each supplier in that tail, you might discover it's collectively your largest supplier. In today’s business environment, where CFOs seek every possible cost reduction, tail spend can significantly help you achieve your financial goals. However, managing tail spend often comes with challenges such as poor data visibility, low volume orders, time-sensitive needs, and unique specifications.

We help you overcome these obstacles with field-tested methods and advanced AI-powered tools. Our approach delivers sustainable results and meaningful cost reductions, transforming your tail spend into a valuable asset. We work with leading companies to turn their tail spend into an operational advantage, achieving significant savings and improving procurement operations.

Our partner, GEP, helps us get after a lot of our tail-spend... with people that have expertise to make it go.

— Global Chief Procurement Officer, Kellogg's

Benefits: Unlock Strategic Advantages and Sustainable Impact

AI-Driven Cost Savings: Tackle inefficiencies in tail spend to reduce costs through better supplier management and improved compliance.
Streamlined Processes with Automation: Simplify procurement operations, making them more accessible and less resource intensive.
Scalable Solutions: Adapt the solution to your organization's size and needs, for a wide range of industries.
Comprehensive Support: Benefit from a robust implementation framework that includes training, customer support and continuous updates, ensuring that you maximize the value of your investment.
Enhanced Supplier Visibility with AI: Gain a comprehensive view of your supplier network, ensuring you're working with the most qualified and cost-effective partners.

Why Choose GEP?

GEP has helped dozens of leading companies turn their tail spend into an operational advantage. Our methodologies are custom-configured to your organization’s existing processes, organization, and systems nuances. Designed to rapidly deliver sustainable positive cash flow, you start seeing savings fast.

Spend Analysis: Cleansing and classification of data from a variety of source systems using our state-of-the-art spend analysis tool to identify the true tail spend.
Filtering: Deep-dive analysis within the tail spend to reclassify the tail and identify appropriate strategies to tackle the spend at a category or supplier level.
Sourcing: Accelerated execution of identified opportunities that includes bringing tail-spend purchases into the purview of existing contracts and leveraging GEP’s knowledge base of category data, RFQ templates and RFx/Auction tools for faster sourcing.
Ongoing Spot Buys: A highly efficient “buy desk” to extract value from each purchase at the point of requisition — these teams use a variety of tools and methodologies to balance cost savings and business criticality for every purchase.
Tail Spend Reduction: Reducing maverick buying at source by implementing online and punch-out catalogs, P-cards and improved compliance reporting. GEP SMART^TM, our powerful procure-to-pay platform, allows you to to easily implement catalogs and provide a delightful buying experience to users.