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WHITE PAPER: Reshaping Traditional eProcurement To Achieve Extraordinary Savings on Indirect Spend

Indirect procurement costs are often considered insignificant. However, recent studies have found that indirect spend can account for up to 50% of a company’s purchases and manufacturers specifically can spend 20% or more of their total revenue on indirect expenditures. This white paper explores some of the challenges with the traditional eProcurement model and ways leaders can achieve significant untapped savings on indirect spend by reshaping B2B e-commerce and supplier management strategies. The paper provides data-driven case studies with results we hope you will find interesting.