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Report

Best Practices for Alternate and Small Supplier Sourcing

Procurement leaders face increasing pressure to manage risk, reduce volatility, and drive measurable impact. Luckily, local and small suppliers have been proven to reduce cost and risks. But finding, vetting, and working with them can be a challenge.  Until now.

Supplier.io analyzed over $168 billion in small and diverse supplier spend data, surveyed 400+ sourcing professionals, and held 34 one-on-one interviews with industry leaders to identify winning strategies from top programs. This Best Practices for Alternate Sourcing Report provides data-driven and actionable insights from leading procurement teams on how to integrate local and small suppliers into sourcing strategies for greater resilience and value.

Unlock proven strategies to strengthen sourcing and reduce risk.

What this report explores:

  • How leading companies are evolving their sourcing strategies 
  • Proven strategies for identifying & vetting small suppliers to manage risk
  • The role of data, analytics & benchmarking in smarter sourcing
  • How alternate sourcing mitigates risk & enhances supply chain stability
  • How to gain executive buy-in by demonstrating business impact

Fortune 100 companies choose Supplier.io for responsible sourcing

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