Supply Base Reduction (Sbr)
Supply base reduction (SBR) is the process of reducing the number of suppliers that a company uses. The goal of SBR is to help businesses streamline their operations, reduce costs, and improve supplier performance. There are a variety of ways to reduce the supply base. One common method is to consolidate multiple suppliers into one or a few key suppliers. This can be done through mergers, acquisitions, or partnerships. Another way to reduce the supply base is to use standardized products and services across all suppliers. This can help simplify procurement processes and reduce the risk of supplier errors. finally, businesses can also negotiate longer-term contracts with their suppliers to get better pricing or terms.