Spend Under Management

The share of total addressable spend actively managed through sourcing, contracts and supplier governance.

Unmanaged spend is where price leakage, maverick buying and unvetted supplier risk accumulate.

42M of 60M addressable spend under contract and governance = 70%.

Rising coverage should show up as lower price variance and fewer one-off suppliers. If it does not, coverage is nominal rather than real.

Attack the largest uncovered categories first, set contract coverage targets, and route requisitions to preferred suppliers by default.

Counting spend as managed because a contract exists, even when buyers routinely purchase outside it.