Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Cut Costs with Dual Sourcing
When a single-source supplier raises prices 12 percent, one procurement team at a mid-sized industrial manufacturer doesn't just accept it. They build a dual-sourcing strategy with a second supplier in a different region, cutting costs by 9 percent while improving delivery reliability. This episode breaks down the actual process: how they qualified the new supplier, allocated volume to keep both suppliers motivated, managed the risks of splitting spend, and avoided the classic dual-sourcing trap of ending up with two suppliers but no savings. We also look at the data on dual sourcing…
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