Procurement & Sourcing
Do you have a strong, collaborative relationship with your major suppliers? The Distributor Board has worked with many clients to improve supplier relationships, establish new and innovative purchase terms, and reduce total cost. We have helped distributors become more attractive customers, which can lead to line expansion opportunities and increased sales. Most distributors now source some or all of their products globally. We understand the issues that can occur in transportation and inventory management as a result of global sourcing.
We have assisted several distributors in achieving the lowest total cost for products purchased off-shore. Our principals have participated in negotiations with major suppliers and helped our clients lower their overall costs and improve inventory turnover.
We work with our clients on a Strategic Sourcing Process which includes, among other elements, a unique matrix approach to commodities and suppliers. Maximizing the value of supplier relationships can lower costs and increase inventory turns.