Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How a Buyer Cut Costs with a Supplier Scorecard
In episode 171 of The Buyer's Side, Lucas and Luna dig into a surprising cost-saving tool: the supplier scorecard. When a mid-sized manufacturer realized it was paying a 12 percent premium for late deliveries, it didn't renegotiate prices or switch vendors. Instead, it built a transparent scorecard tracking on-time performance, quality defects, and responsiveness, then shared it openly with suppliers. The result: a 6 percent cost reduction in under a year. Lucas breaks down how the scorecard created accountability without burning supplier relationships, why the key was focusing on a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.