How a Buyer Used Supplier Diversity to Cut Costs 21 Percent

The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions · Jul 22, 2026 · 7m · transcript

Episode 127 of The Buyer's Side examines how a mid-sized manufacturer used a supplier diversity program to reduce procurement costs by 21 percent over 18 months. Lucas and Luna walk through the real case of a New Jersey-based auto parts supplier that shifted 12 percent of its spend to minority- and woman-owned businesses, initially expecting a premium but discovering that leaner operations, lower overhead, and competitive bidding actually drove savings. The hosts break down the sourcing process, the role of certifications like MBE and WBE, the internal pushback from category managers who…