Navigating Tariff Volatility: Know the Risks Before They Hit

Tariff volatility hits more than just costs—it disrupts suppliers, contracts, and margins.
This article is the second in a three-part series exploring how companies using ServiceNow Source-to-Pay, enhanced by Outcome Driven Solutions (ODS), can navigate tariff volatility. Each article focuses on a different stage of the response:

Reduce Tail Spend Overhead with ServiceNow AI: Drive New Efficiencies

Did you know that unmanaged tail spend can account for up to 20% of a company’s total procurement expenditures, yet involve 80% of the suppliers and transactions? This reverse distribution leads to high administrative costs relative to the value of the purchases.

Uncover New Supplier Negotiation Strategies with ServiceNow AI

Let AI support your supplier negotiation strategies with real-time supplier insights, market benchmarks, and risk indicators. Build stronger positions and drive better commercial outcomes.

How ServiceNow Elevates Supply Base Operations And Unlocks Better Profitability

Supply Base Operations (SBO) is a strategic approach to refining supplier relationships to boost efficiency, reduce costs, and enhance overall performance. For organizations leveraging the ServiceNow Source-to-Pay suite, SBO represents a powerful enhancement that unlocks significant value.

Category Management Made Simple with ServiceNow Source-to-Pay

Transform the way you handle Category Management with ServiceNow Source-to-Pay. Discover actionable insights and innovative solutions to make your procurement strategy a competitive advantage.

Better Asset Management with Preferred Items and Source-to-Pay

Better asset management is essential for operational excellence and cost-effectiveness, starting with employee requests and tracking them across their lifecycle

Streamlining IT Operations: Proven Best Practices for Hardware Refresh Cycles

In today’s fast-paced IT environment, effectively managing hardware refresh cycles is crucial for optimizing operational performance.

Maverick Spend: What It Is And How To Control It

Maverick spend arises when employees bypass standard procurement channels, often due to two key issues:

Complex Processes: Employees find traditional systems cumbersome and time-consuming for simple orders.

Urgency: Employees make out-of-process purchases to meet immediate needs.