Fewer, Better Suppliers: Why Vendor Consolidation Can Strengthen Your Supply Chain

Fashion, teamwork and women with laptop for creative small business design mentorship. Drawing, tailor and designer in collaboration with sketch, help and manufacturing boutique clothes together.

For sourcing managers, having a large supplier network can seem like the safest strategy. More suppliers can mean more options, additional backup capacity, and less dependence on any single factory. There is a difference between diversification and fragmentation. When a brand spreads its production across too many suppliers, each partner may only see a small portion of the overall business. … Read More