Tail Spend Management
Tail spend management is an often-overlooked aspect of procurement, yet it can represent a significant portion of a company’s budget. In the semiconductor and electronic industries, it is especially important for OEMs and EMS companies to manage their tail spend effectively to ensure a smooth and cost-effective supply chain.
– Our management of your tail suppliers supports significant and sustainable improvements in sourcing and supply chain management efforts.
– Our dedicated team brings higher flexibility to your supply-demand peaks.
– We optimize and improve your warehouse’s yearly turnover resulting in lower costs and less inventory.
By letting J2 Sourcing handle your tail spend, you can:
J2 Sourcing Tail Spend Solution
Data has shown that companies that work with J2 Sourcing have seen a significant reduction in procurement costs, improved supplier performance, and an overall reduction in supply chain risk. In one case study, a customer reported a 25% reduction in procurement costs after working with J2 Sourcing for only one year. In addition, 94% of customers have reported improved supplier performance and 97% have seen a reduction in supply chain risk. These results show that by letting J2 Sourcing handle your tail spend, you can expect to see tangible benefits in your procurement processes.