Does your Supplier list follow Pareto's Law? Are 80% of your purchases coming from 20% of your supplier? How much is the unproductive 80% of your AVL costing you to manage? Dont worry, youre not alone in this, in fact many organisations have ballooning vendor lists, and many are unaware of the simple steps that can be taken to control this hidden cost.
Vendor Reduction is a sound cost cutting strategy, proven to bring efficiency improvements and to lower costs.
We successfully consolidate this unproductive slew of suppliers for a number of our customers. Our OEM customers have found this service particularly useful, providing them with supply chain performance improvements as well as reducing their total cost of acquisition.
If you would like to discuss further the options available to you for reducing you vendor list and getting value from your supply chain, please call us or email sales@princeps.co.uk