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Save Money with Vendor Consolidation

Guest post by: Jesse Hopps

Article Overview: Vendor consolidation is a business strategy whose goal is to provide the same or increased service & quality levels from vendors, while reducing operating expenses related to purchasing from that category of vendor. Sales & Marketing organizations should analyze their Printing, Software, and Consulting, vendor categories to determine where efficiencies can be gained by consolidating to one strategic partner.

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Save Money with Vendor Consolidation

Save Money with Vendor Consolidation Vendor consolidation is a business strategy whose goal is to provide the same or increased service & quality levels from vendors, while reducing operating expenses related to purchasing from that category of vendor. Sales & Marketing organizations should analyze their Printing, Software, and Consulting, vendor categories to determine where efficiencies can be gained by consolidating to one strategic partner.

Benefits of Vendor Consolidation:

Risks of Vendor Consolidation:

Action Plan:

  1. Work from a Checklist- download Demand Metric's Vendor Consolidation Checklist to analyze where money can be saved by implementing a strategic purchasing process and negotiating better pricing.

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Home > Marketing > Jesse Hopps > Save Money with Vendor Consolidation >
Article Tags: business strategy, operating expenses, sales marketing, service quality levels, strategic partner, vendor consolidation

About the Author: Jesse Hopps
RSS for Jesse's articles - Visit Jesse's website

Jesse Hopps founded Demand Metric in October 2006 and is the active President & CEO, focusing on sales & product development. Prior to Demand Metric, Jesse worked as an independent consultant specializing in Internet Marketing and Business Continuity Planning. He began his career with the Info-Tech Research Group in London, Canada, where he helped contribute to their explosive growth. Jesse holds a business degree from the University of Western Ontario and lives in Panama City, Panama.

Click here to visit Jesse's website
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More from Jesse Hopps
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Intranet Optimization Guide
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Related Forum Posts
Re: Which would you start: a Blog or Online Community? Re: Which would you start: a Blog or Online Community? - It is a difficult decision to make. Lets start it this way - What are you more interested in? Money? or Friends? or Both? If its purely Money, then Blog might be an appropriate answer. But consider this - It will be people (visitors) that will bring traffic to your blog and then Money will follow. This will be possible after a time and during this time it will be your friends who will be the starters. If you are looking for friends only, then its true that not many will be interested in knowing how you have beaten them in the game or the other way round. So it will be preferable to have a Forum where they can share ideas with you and others. But you can share your insider knowledge with them and invite comments from your Blog. You can also put up information on what others (including your friends) don't know about Tennis. The blog you create can provide News, Inside Information and also Techniques that can be used by the new entrants in the world of Tennis.
Making Money in 2011 Making Money in 2011 - Hello forum members! As we draw closer to the new year I thought it would be appropriate to change the title of our forum category "Making Money in 2010" to "Making Money in 2011" - I'm looking forward to some interesting discussions and wish everyone a prosperous New Year!
Re: Ideas For Business Re: Ideas For Business - Lucy, Visit ttc.ca for info on the Vendor license to operate on TTC Property only. If you plan on not operating on TTC property you will not need this. I would recommend Nathan Philips on Friday afternoons to catch the Lunch time crowd - Tell me when you plan on performing - I will attend as i work right beside Nathan Philips. I forgot about Yonge/Dundas Square - This place is packed everyday during lunch and after work hours. I can attend to watch you there 'cos I work close to that area as well.
QuickBooks vs. Microsoft Money vs....? QuickBooks vs. Microsoft Money vs....? - I have always used Microsoft Money to run my business - accounting, invoicing, etc. It came with my computer when I got it and integrated well with my online banking system so everything is a breeze. It only takes 30-60 minutes every quarter to do the bookkeeping (keep in mind that I have a very simple business - no inventory, very little invoicing, I do all my payments by credit card, etc). Is QuickBooks or Money the best accounting tool for small business owners? Or is there something even better?
Re: Are you satisfied with your ISP's services? Re: Are you satisfied with your ISP's services? - The same in my case my ISP holds my phone number. What i don't like is that if i have a technical problem the process take to much time and they will never hurry up to solve the problem. Save God this it not happening to often. Another think that bugs me is the advertising .... to many offers and advertisements that are annoying people.


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