Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Used Supplier Scorecards to Cut Costs 19 Percent
In this episode of The Buyer's Side, Lucas and Luna dive into how a mid-sized manufacturer used supplier scorecards to drive a 19 percent cost reduction across its top 20 vendors. They walk through the specific metrics — on-time delivery, defect rates, lead-time variability — and how the buyer linked performance to tiered pricing and contract renewals. You'll hear how one supplier improved its score by 15 points in six months, and why the company saved $2.3 million in the first year. Plus, we explore the role of data transparency and how to avoid common pitfalls like metric fatigue…
The skinny
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