Survey participants were also asked to identify the specific departmental benefits their companies enjoy with a reduced vendor base. Because these questions were open-ended, the responses were wide-ranging:
Purchasing: This was the department that received the most answers. Nearly a third of the comments addressed the issue of reduced in-house work (fewer contracts to track, reduced number of purchase orders and fewer supplier audits). Better prices were mentioned by 18.2%, followed by cost control at 10.4%.
