SOUTHGATE Global has launched the firm’s first white paper on supplier consolidation.
The firm revealed the move comes as an increasing number of manufacturing, 3PL, e-commerce, and warehouse operations are seeking to reduce their supply base and find single-source solutions to improve efficiency and streamline operations.
The white paper is titled ‘Why and how to consolidate your supply base in operational logistics and fulfilment’.
Dan Brasier, CEO at Southgate Global, explained how the operational and logistics sector, and more specifically industrial packaging and materials handling supplies, have been most prone to supplier ‘fragmentation’ over the years.
He added, “We understand the risks, financial costs and inconsistencies that can arise when using multiple suppliers. Not to mention that it can lead to slower production, different equipment failing to work together seamlessly, increased administration costs, varying quality and an inventory that is more difficult to manage.
“In listening to such challenges, we decided to proactively address the shift in the market and repositioned Southgate to highlight our ability to offer end-to-end solutions in order to fully meet this need.
“Now we’re looking to use our knowledge and expertise in operational logistics and fulfilment to provide advice and practical solutions to others who are seeking to address supplier fragmentation issues in relation to their packing equipment consumables and servicing needs.”
Aside from exploring benefits and recommendations, Southgate’s white paper also includes a Supplier Consolidation Evaluation Matrix. The downloadable tool is designed to allow organisations to assess suppliers against a particular set of criteria.
