Vendor Consolidation is Right for Rubber Products

Vendor ConsolidationVendor consolidation is a procurement strategy where you reduce the number of vendors that your company buys from. Businesses don’t want to become overly dependent on a single vendor or a handful of vendors, but there are costs – and risks – from having too many suppliers. There are also benefits to lowering the number of vendors that you do business with. Let’s take a closer look. (more…)

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