I want to consolidate my supplier database

To identify consolidation possibilities in your supplier database you need additional information and knowledge about your suppliers. You can use it as a basis for clarifying where you can make savings and how to reduce the number of suppliers.

Discover saving opportunities

You can use the Dun & Bradstreet datacloud to enhance your supplier database with valuable information and get clarity about the suppliers you are doing business with. For example, globally you may be purchasing the same products or services from various suppliers. An insight into your suppliers’ activities codes (SIC or SBI) could therefore reveal possibilities for consolidation. You may also have concluded an agreement with several sister companies. In such cases the obvious step is to conclude a framework agreement to reduce the number of suppliers and profit from economies of scale. Having an insight into corporate group structures provides a clear overview of what you spend in the entire family structure, throughout the corporate group. Dun & Bradstreet’s information will enable you to discover possible savings on your total spend and to create a central preferred-supplier purchasing database.

Cleansing

The quality of data files in which several employees make changes soon deteriorates. Double entries occur or incomplete data are entered. You soon lose the overview.

Corporate group structure

You can save on purchasing expenditure and reduce the number of suppliers by concluding framework agreements with parent companies.

Enhancing

Enhancing your data with information on the activities codes or corporate group structures provides you with a better insight into your supplier database and enables you to discover consolidation possibilities.

Customers with the same challenge

Akzo Nobel

AkzoNobel is the world’s largest producer of paints and coatings and a major producer of…

Other possible challenges

Related products

Schedule a phone call

Would you like advice on how to use our data for your company’s objectives? Or are you interested in a demonstration? Make an appointment directly with one of our specialists.