Indirect Spend

Indirect Spend

The Luxury Reset: How Procurement Funds Transformation Without...

Luxury brands are entering a new era: growth is slowing, margins are tightening, and long-trusted expansion levers are no longer delivering the same returns. Yet transformation in this industry comes with a unique constraint — every decision must pre...

Indirect Spend

AI in Procurement – Next Level Solutions

As organizations strive for greater efficiency, agility and innovation, GenAI is becoming an indispensable tool for managing the complexity of today's supply chains and procurement processes.

Indirect Spend

Procurement: The Hidden Value Engine Enabling Claims Excellence

When up to 80% of claims spend sits with suppliers, performance depends on how those partnerships are designed and steered. Procurement acts as the hidden orchestrator linking commercial discipline, data, and supplier execution into better cost, cycl...

Indirect Spend

Opportunities Hiding in Plain Sight

When companies think about cost excellence, they often focus on direct categories – the inputs for their core products or services. But indirect spend, from IT and logistics to professional services and facilities, typically represents 20–30% of outg...

Indirect Spend

The GenAI Advantage in Services Procurement

GenAI is reshaping professional services: automating tasks, cutting supplier costs, and opening the door to up to 45% spend savings in IT, legal, and recruiting. For procurement leaders, the time to act is now.

Indirect Spend

Enhance R&D Efficiency

Discover how pharmaceutical companies excel in optimizing R&D sourcing strategies—reducing costs, accelerating timelines, and driving innovation.

Indirect Spend

Unlocking competitive advantage: why indirect spend is a strat...

The retail industry faces unprecedented disruption—from inflation and geopolitical uncertainty to fragile supply chains. Amid this volatility, indirect spend has emerged as a critical yet underleveraged lever for resilience and profitability. In this...

Indirect Spend

Retail Under Pressure: AI as the Key to Cost Excellence

   

Indirect Spend

Retail in transition: How AI can pave the way to cost savings

Retailers face rising cost pressures, yet inefficiencies in procurement and operations continue to erode margins. While direct procurement has been optimized, indirect spend—often 10-15% of total revenue—remains a hidden opportunity for savings. AI-p...

Indirect Spend

GenAI indirect spend revolution: boosts efficiency & cuts...

As businesses navigate financial instability and economic uncertainties, cost reduction is a top priority. While large budgets are often scrutinized, a hidden revolution is taking place in indirect spend—driven by Generative AI (GenAI).