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Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions

How One Buyer Cut Costs with Supplier Collaboration

In this episode of The Buyer's Side, Lucas and Luna explore how a mid-sized manufacturer cut procurement costs by 12 percent through supplier collaboration. They discuss the story of a company that moved from annual bidding wars to a collaborative partnership with its top-tier suppliers, sharing forecasts, co-investing in tooling, and co-developing new materials. The hosts break down the specific steps taken, the cultural shift required, and the measurable savings achieved. They also touch on the challenges, such as data transparency and internal resistance, and how the company overcame…

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