Why Procurement’s Future is in the Long Tail

May 7, 2018By Jack QuarlesProcurement

Why Procurement’s Future is in the Long Tail There may be no better example of the 80/20 rule than company expenses. List a firm’s vendors and the amount spent with each, sorted from largest to smallest, and there’s a good chance that the top 20% of vendors will represent at least 80% of the expenses. … Read More