Streamlining your supplier portfolio reduces the number of them you have to manage and ultimately reduces management costs along with the number of orders issued.
To start streamlining, everything will start by analysing which suppliers can potentially be replaced, followed by a list of products that they supply you with. You can then identify a single distributor offering the products which can be replaced and lists all the other products.
Finally, this bespoke range can published into an e-procurement solution, where the you can now order the products as part of a completely seamless process.
Lastly, the benefits are threefold: you will have extra time, significant cost savings and an enhanced process!