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Indirect spend grows annually by an estimated 7% each year. Not having it under control is no longer a viable option. If you want to be strong, competitive and innovative then your approach to indirect procurement has to be methodical, thorough and strategic.
I-Tel can do that for you. No matter your current situation, we deliver a data-backed, future-proof approach to indirect procurement that gets you ahead of the game, buying better and ready to thrive in the digital world.
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So what are you waiting for? Contact us today to get started.
T: 029 2049 2111 E: hello@itelgroup.co.uk
The Chartered Institute of Procurement and Supply state that, regardless of the product, the costs related to instigating, processing, recording and paying for a single purchase order is around £50. So, an order of £500, split between 3 suppliers, has a real cost of £650 or more.
A recent survey conducted by Deloitte concluded that 8 out of 10 Financial Directors did not track the overall level of their Indirect Procurement. The report concluded that 70% of Chief Purchasing Officers have now identified Indirect Procurement as an area requiring significant improvement.
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