Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Cut Costs with Supplier Scorecards
In this episode of The Buyer's Side, Lucas and Luna explore how a mid-sized manufacturer used supplier scorecards to cut procurement costs by 11 percent—not by squeezing prices, but by holding vendors accountable on delivery, quality, and responsiveness. They break down the scorecard design: five weighted metrics, monthly reviews, and a tiered supplier program that rewarded top performers with longer contracts and early payment terms. The hosts discuss how the buying team avoided common pitfalls like data overload and internal pushback, and they share practical tips for implementing…
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