How to Estimate the Savings From Equipment Lease Spend Management
By Michael Keeler & Bob Solomon
Published in Supply & Demand Chain Executive
Fortune 500 companies across a wide variety of industries commonly have an equipment lease spend of $100 million or more. Some spend up to $1 billion annually. Despite its size and ubiquity, leased equipment spend is still poorly managed in most companies. For procurement leaders, poorly managed spend can become a meaningful source of annual savings.