Supplier consolidation

When you are looking at your supply chain, there are often ways to streamline, and one of those is supplier consolidation or vendor reduction. Consolidating suppliers is a proven strategy to concentrate buying power and reduce purchase prices, and Vanilla prioritise the following

• Dedicated customer support team
• Reduce transactional and administration costs
• Consolidate overlapping or similar suppliers
• Centralising your supplier approval process
• Eliminate low volume suppliers
• Helps saves time and resources
• Helps ensure product quality
• Increase procurement speed and flexibility
• Helps reduce material costs and improves risk management
• Improves supplier relationships