Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Used Supplier Diversity to Cut Costs 16 Percent
Episode 106 of The Buyer's Side examines how a mid-size manufacturer used supplier diversity as a cost-cutting lever, not just a compliance checkbox. Lucas and Luna walk through the real case of a company that analyzed its Tier 2 spending, discovered it was leaving money on the table by not including minority-owned and women-owned suppliers, and ultimately reduced total procurement costs by 16 percent while improving delivery reliability. They break down the specific analytics the team used, the negotiation dynamics that changed when more suppliers were in the pool, and why the…
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