Benefits consolidating vendors

04-Oct-2019 02:24

While it is important to focus on reducing waste and shaving excess costs from the budget, you should take a look at your vendor list and see if you can find ways to reduce the number of companies with whom you procure the parts you need.Benefits of consolidation Consolidating your vendors can help save you time and money for several reasons.Meet Mitch, a rookie superstar here at BV who spends much of free time studying for the LSAT, with the hopes of attending law school in the future!Mitch recognizes the importance of “effort equals results” and his determination and friendly demeanor shines through the organization!

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Aaron is the Marketing Director at Falcon Fastening Solutions, Inc.

Limiting the number of shipments coming in is also helpful for reducing lead times, as the odds of shipping delays will be greatly reduced.