Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Cut Costs with Supplier Consolidation
In this episode of The Buyer's Side, Lucas and Luna explore how a mid-sized manufacturer reduced procurement costs by 22 percent through supplier consolidation. They break down the real numbers behind the strategy—how the company cut its supplier base from 47 to 12 in one category, renegotiated volume discounts, and streamlined logistics to save over a million dollars annually. The discussion covers the risks of over-reliance on fewer suppliers and how the procurement team mitigated them using scorecards and performance reviews. Lucas shares insights on when consolidation makes sense and…
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