Tech Tools Innovation (TTI) was created by seasoned team in technology with several industry backgrounds in various markets, including but not limited to Banking, Insurance, Pharmaceutical, Manufacturing, Gaming, Agriculture, Technogy, Retail and more. Our team also deals with local, national and global markets. The companies involved in the creation of TTI are woman and minority owned businesses certified through the NMSDC and WBENC.
Tail Spend Management:
- Management of lower value items in various categories which typically form 80% of total purchases.
- Consolidation of suppliers.
- Advantage of diversity spend even if vendor is not a diverse supplier.
- Benefit of bulk discounts since we buy in large quantities.
- Timely POs, detailed monthly, quarterly, annual reports. Timely alerts and management of renewals.
What is Tail Spend?
Management of your lower value purchases which could have a significant volume of your total number of purchases.
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