The OEM (Original Equipment Manufacturers) team at Routeco have a proven track record of delivering bespoke technical, commercial and operational solutions to our customers.
One of our specialties is offering vendor reduction. We have a number of trusted brands we work with – see the Routeco supplier list here - offering a huge range of products. By working with Routeco, just tell us what you need (or we can advise if you’re not sure) and we’ll build the package of products and it can be as simple as one order, one invoice and one supplier to order.
Here’s how it works and what the benefits are:
Cost savings
With a smaller number of vendors, you have increased buying power and can secure volume discounts or long-term contracts, resulting in cost savings for your business.
Simplified procurement process
Dealing with fewer vendors simplifies your buying process. It reduces the time and effort spent on sourcing, evaluating, and managing multiple vendors.
Improved supplier relationships
By reducing the number of vendors, you can develop closer and more collaborative relationships with your selected suppliers. Building strong partnerships allows for better communication, understanding of your business needs, and alignment of goals. This can result in improved responsiveness, customised solutions, and enhanced customer service from your vendors. At Routeco, we aim to be our customer’s partner of choice and work to build close relationships.
Streamlined logistics and inventory management
Consolidating vendors can simplify logistics and inventory management processes. With fewer vendors, you can optimise your supply chain, reduce the complexity of receiving and storing goods, and minimise the administrative burden associated with managing multiple shipments and deliveries.
Mitigated risk and improved business continuity
Depending on a small number of dependable vendors helps mitigate the risks associated with supply chain disruptions. Building strong relationships with your vendors allows for better visibility into their operations, potential risks they face, and their contingency plans.
Increased innovation and collaboration
When you establish strategic partnerships with a select group of vendors, it opens opportunities for collaboration and innovation. By working closely together, you can share insights, collaborate on product development, or process improvement, and benefit from your vendors' expertise and industry knowledge.
Fewer deliveries
We’re all trying to live more sustainability and many organisations will have carbon reduction targets to meet. Using fewer suppliers means fewer deliveries.
The Routeco OEM team has helped lots of customers reduce costs and make efficiency improvements, if you want to find out more please get in touch by completing the form below.
Contact the Routeco OEM team today