newsletters Supplier consolidation Related Topics 
Planergy
NOVEMBER 29, 2022
Supplier Consolidation: What It Is, Benefits, and Risks. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Supplier consolidation involves reducing the number of suppliers you work with. Pros include better supplier relationships, cost savings, and time savings.
Una
FEBRUARY 22, 2023
These types of quick wins – or what’s considered “low-hanging fruit” in procurement – may include: Review purchasing requirements Establishing a “no PO, no pay” policy Getting maverick spend under control Creation of procurement policies and toolkits Spend analysis Review supplier master agreements Consolidate suppliers Consolidate deliveries Create (..)
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Planergy
MARCH 2, 2023
This can involve renegotiating contracts with suppliers, consolidating suppliers, standardizing processes, and streamlining operations. For example, a company may renegotiate contracts with suppliers to get better pricing. Or, they may consolidate suppliers to reduce the number of vendors they manage.
Planergy
JANUARY 19, 2023
It’s important to remember that price negotiation isn’t always about getting a lower price; often, suppliers may be willing to offer discounts or free shipping as part of a deal, which can also help reduce expenses in other areas. download a free copy of our guide 3.
The Procuretech Podcast
OCTOBER 19, 2021
The obvious benefit of bringing this data into one space and having more spend under control and managed is then the possibilities it brings to drive supplier consolidation, ultimately driving more savings and value through channeling more spend through preferred vendors. Sign up for The Procuretech Podcast Newsletter.
Expert insights. Personalized for you.
52 
Let's personalize your content