What is Spend Leakage?

Spend leakage refers to the extent of category spend with suppliers that do not feature on the pre-approved suppliers list. It is usually denoted as a percentage of the total spend and predominantly experienced in ‘indirect categories' where stakeholders opt to offer business to alternate sources. Learn more about GEP’s spend management services and spend analysis services.

Related Terms

What is S2P?What is S2P Software?What is Savings Tracking?What is Savings Tracking Software?What is Selling, General and Administrative (SG&A)?