Big Lots’ Big Savings: How They Found Additional Ways to Trim Costs (And Where They Found Them)
While Big Lots’ sourcing and procurement team had been steadily cutting costs for several years, a detailed strategic plan driven by the new Executive Leadership Team compelled them to seek additional efficiencies across the organization. This session will showcase how Big Lots increased their buying power, reduced costs and expanded their vendor pool in ways that maximize cost efficiency and maintain quality while still keeping their spend transparent.
Topics in this session included:
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While Big Lots’ sourcing and procurement team had been steadily cutting costs for several years, a detailed strategic plan driven by the new Executive Leadership Team compelled them to seek additional efficiencies across the organization. This session will showcase how Big Lots increased their buying power, reduced costs and expanded their vendor pool in ways that maximize cost efficiency and maintain quality while still keeping their spend transparent.
Topics in this session included: