The Crown Commercial Service (CCS) has formally launched its first Tail Spend Solution for the procurement of low value products.
It says this is the first deal of its kind and that it includes IT peripherals along with office supplies and other products. It will cover low value, ad hoc purchases often made from a range of suppliers.
Two companies have been appointed to the framework, OT Group and Mercateo Unite, and launched the solution through their online platforms yesterday.
Simon Tse, CEO of CCS, said: “Tail Spend Solution is the first of its kind, a new agreement that supports the public sector to take control of its ad hoc purchases, aggregating the spending power of the UK public sector as we build back better.
“There is wide agreement across the public sector that tail spend is an under-managed and often overlooked area of spend that is increasingly important for organisations to deal with.
“Use of self-serve, modern technology and aggregation to create efficiencies and empower staff outside of commercial functions is critical for buyers who wish to improve their delivery of commercial benefits beyond just focusing on the largest contracts.”
CCS said the estimated annual public sector tail spend is more than £1 billion.
Image from iStock, Incredivfx
