Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Cut Costs with Supplier Audits
In this milestone 150th episode of The Buyer's Side, Lucas and Luna explore how one procurement manager at a mid-sized industrial parts distributor used supplier audits to uncover hidden cost overruns worth 21 percent of annual spend. The episode walks through the audit process, from initial red flags in quality rejection rates to on-site visits that revealed inflated labor rates and duplicated overhead charges. Lucas breaks down the financial impact, showing how audit findings led to renegotiated contracts and improved supplier performance. Luna brings a practical perspective with tips…
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