When three of the world’s most respected institutions—McKinsey, Deloitte, and the World Economic Forum—point to the same problem, it’s time to pay attention. Their research consistently shows that companies lose 15–30% of indirect spend to poor visibility, overstocking, pilferage, and lack of accountability. Here's a quick breakdown of what they say—and how Traceit.Live helps you fix it.

1. McKinsey: The Power of Procurement Visibility McKinsey highlights that better data, digital tools, and indirect spend management can reduce costs by up to 30%. Tail-spend control and digital traceability are essential to unlocking value.

How Traceit.Live Helps:

• Real-time tracking for SKUs, assets, and usage

• Zero IT burden, fast rollout

• Full audit trails and stock visibility

2. Deloitte: Procurement Needs to Digitize Now Deloitte’s Global CPO Survey shows top procurement leaders prioritize visibility, agility, and digital transformation. Yet most teams lack the tools and data to execute.

How Traceit.Live Helps:

• Spend visibility at every level

• No-hardware, no-paper implementation

• Actionable insights into waste, pilferage, and overstocking

3. WEF: Visibility Is Key to Global Supply Chain Resilience The WEF emphasizes the importance of transparency and traceability, especially in uncertain environments. Their research reveals that 15–30% of indirect spend is lost without it.

How Traceit.Live Helps:

• Tracks every item and employee-linked use

• Flags anomalies and losses

• Supports sustainability through reduced waste

Conclusion: One Message, Three Voices Whether you follow McKinsey, Deloitte, or the WEF, the message is the same: if you're not tracking indirect spend, you're leaking money. Traceit.Live delivers the tools, visibility, and peace of mind needed to stop it.

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