Vendor Consolidation & Strategic Sourcing: Reducing Fragmentation and Driving Competitive Advantage
Vendor Consolidation & Strategic Sourcing: Reducing Fragmentation and Driving Competitive Advantage Vendor fragmentation creates cost long before procurement sees the final invoice. Too many suppliers can mean duplicated contracts, inconsistent pricing, unmanaged renewals, weak volume discipline, quality variation, service risk, and manual reporting effort. Vendor consolidation and strategic sourcing are cost saving methods that reduce […]