Why Consider Supplier Consolidation?
Time is Money
Managing everything that comes with having multiple suppliers takes a lot of time, time which could be spent on focusing on your core business – on revenue generating and customer facing activities.
- Employees purchasing on multiple company credit cards?
- Spending too much time sourcing suppliers for those ad hoc purchases?
- Spending too much time managing lots of low value suppliers?
- Finding it difficult to monitor spend across the business?
- Different areas of the business buying the same items from different suppliers at different prices?