Tail Spend is too good to be true – and that’s a problem!

Simfoni manages tail spend for clients all over the world and across many different industries. But regardless of geography or sector, I have gained 2 important insights that are vastly out of sync with the common theory about tail spend;...

March 4, 2018

Tail Spend Management

Tail Spend Management for the financial progress

Tail spend management is necessary for any firm to improve its financial performance. It is the spend made that is not included in all the categories of spend, rather few that impacts its performance in respect of the finances. Suppliers...

February 27, 2018

Tail Spend Solution

Tail Spend Solutions’ hand in boosting savings

What are Tail Spend Solutions? :- Tail Spend Solutions is a blend of sourcing network, expertise and technology. It is a complete solution package for the problems related to the management section.

February 26, 2018

Tail Spend Software

Tail Spend Software and its working

Tail Spend Software is useful software for the management of Tail Spend in Porcurement / Sourcing or Supply Chain (Tail Spend Solutions). It is a useful tool for the management of low value spend / purchases in a organization. Simfoni...

February 25, 2018

Tail Spend

Why Mid-Size Companies Need On-Demand Solutions to Conquer Tail Spend

Procurement has firmly entered the tail spend era, and with necessary tools now available to tackle this persistent purchasing problem, supply organizations are finally consolidating costs, cracking down on unauthorized spend and clawing back lost time to deliver real value to...

February 18, 2018

News and Events Spend Analysis Tail Spend

Simfoni Tail Spend team delivers OS&E packages for the Louvre Abu Dhabi Museum

Simfoni Tail Spend managemnt team of professionals were given responsibility to source a wide range of Operational Supplies and Equipment (OS&E) and Furniture Fittings and Equipment (FF&E) for the new Louvre museum in Abu Dhabi, which opens its doors to...

November 9, 2017

Spend Analysis Tail Spend Management

What is the Difference Between Spot Buying and Tactical Buying Within Tail Spend Management?

Continuing on in this series about how organizations can better manage tail spend, we are now turning our attention to spot buying and tactical buying. Is there a difference between these two terms, or are they one and the same...

October 10, 2017

Spend Analysis Tail Spend

How Important is Catalog Procurement in the Management of Tail Spend?

So far in this series, we have discussed the importance of tail spend and the implications of managing it badly, and what well-managed tail spend looks like. This time around, we will consider whether procurement catalogs have an important role to play...

September 25, 2017

Spend Analysis Tail Spend Solution

Unmanaged Tail Spend: Problems and Solutions : Tail Spend Solution

Tail spend, and the importance of properly managing it, has been widely discussed on our blog and elsewhere recently. By now, most senior business managers should be aware of the concept.

May 20, 2016

Spend Analysis Tail Spend Management

Better Tail Spend Management is a Clear Priority Among Procurement Professionals

In a previous post, we looked at a study undertaken by The Hackett Group, titled: The CPO Agenda: Reduce Purchase Costs, Improve Agility, and Become a Trusted Advisor, by Patrick Connaughton and Christopher Sawchuk. This time around, we are revisiting...

May 3, 2016

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