Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Used Supplier-Led Innovation to Cut Costs 18 Percent
In this episode of The Buyer's Side, Lucas and Luna dive into the story of a mid-size industrial manufacturer that turned its suppliers into co-innovators—and slashed material costs by 18 percent without sacrificing performance. The buyer invited two long-time suppliers to propose alternative materials and manufacturing methods for a high-volume component. One supplier suggested switching from a custom-machined aluminum part to a near-net-shape casting, eliminating 40 percent of machining waste. Another supplier redesigned the assembly's fastening system, cutting the parts count by…
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