Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How a Buyer Used Tier 2 Audits to Uncover Hidden Risk
Episode 65 of The Buyer's Side digs into a procurement blind spot that most teams overlook: the second tier of suppliers. Lucas and Luna walk through a real case study from the automotive sector where a medium-sized parts manufacturer discovered that their biggest supplier's supplier was operating with expired safety certifications and a single point of failure for a critical raw material. The episode follows how the buyer team used a three-phase audit methodology — mapping, vetting, and contingency planning — to uncover a 40 percent cost overrun hidden in that sub-supplier…
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