Centralize Purchasing to Increase Efficiencies

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Doug Austin

According to research, 95% of dealerships have a decentralized purchasing operation within their enterprise. These structures can hide $250K per year in hidden internal costs and lost cost savings to most organizations. They typically will yield higher costs and inefficiencies across the organization and cause the dealership to miss out on many new opportunities to reduce costs and recover overpayments.

Join Doug Austin, CEO of StrategicSource, a leader in spend management services for the auto and trucking dealership industries as he identifies the costs and opportunities of “optimizing” the supplier base, the opportunities to “increase purchasing leverage” to “reduce costs and improve profitability", and strategies to drive new internal efficiencies using a “preferred supplier model” across the enterprise.

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