Premier slices back vendors

Clark, Lindsay
November 2010
Supply Management;11/11/2010, Vol. 15 Issue 22, p05
The article reports on the decision of Premier Foods to cut the number of its suppliers by 11% over a single quarter in a bid to boost efficiency. The move was intended to create a more productive relationship with its top vendors according to Premier group procurement director Mark Hughes. He further explains that the company can address the majority of its expense by focusing on less than 4% of its suppliers. He adds that the company was on target to meet efficiency savings by the end of 2010.


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