Unlock Cost Savings and Protect Profit Margins with Tail Spend Management

Wednesday, April 19 at 1:00pm ET / 10:00am PST / 7:00pm CET

CPG and manufacturing companies face procurement challenges like no other. Current economic pressures mean these enterprises are looking to tail spend management as a way to optimize their supply base and protect margins.

Managing tail spend starts with data and speed. Identifying ways to gain more intelligence and efficiency from daily operations sets the stage for future improvements. Relying on outdated systems or cumbersome processes leaves money on the table and can hinder growth in an uncertain economy.

Key takeaways

Set up your business to automate and adapt to global fluctuations while still optimizing their performance by:

  • Realizing cost savings from tail spend
  • Gaining buyer efficiency
  • Simplifying the process of bid analysis/cost evaluation without tying up resources

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Meet our speakers

David Cassert Headshot

David Cassert

Director of Purchasing at Sumitomo Bakelite North America

BS in Political Science from Niagara University and MBA in Finance from Niagara University. 8 Years with US Government (2008 – 2016), Supervisory Contracting Officer – General Services Administration. Oversaw 1.2B in annual spend. 6 Years with USA Sealing (2016- 2022), Procurement Executive and member of Board of Directors. Start up in 2016, company grew from $500,000 in revenue to $42,000,000 in my tenure. 1 year with Sumitomo Bakelite (2022-2023) – North American Procurement Director.

Erin McFarlane Headshot

Erin McFarlane

VP of Product Innovations & Partnerships at Fairmarkit

Erin McFarlane is the VP of Product Innovations & Partnersihps for Fairmarkit, the intelligent sourcing platform. Erin has over twenty years of experience in procurement and supply chain technology and is passionate about sourcing, contract negotiation, and spend analytics.

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