Negotiate best rates with a complete picture of your supplier relationships
The simplest way to save money in the procurement process is to negotiate reduced rates that reflect your total relationship with suppliers and their affiliates.
Many organisations have multiple relationships with a single supplier or a related party. Yet due to disparate systems and broad geographic locations the true breadth of this relationship is not fully known by each decision-maker in the procurement process. The result is that many companies miss the opportunity to negotiate rates that reflect their total spend with an individual supplier and their affiliates.
Dun & Bradstreet's DUNS Number is a unique numerical identifier attached to more than 130 million companies around the world. The DUNS Number identifies and tracks corporate linkages and can be integrated into your procurement system to gain a true insight into the extent of your relationship with suppliers and vendors.
Through the use of the DUNS number and our range of analysis tools you will be able to:
- identify corporate linkages to get a clear picture of your total spend with a supplier and their affiliates
- develop a spend map to get a better understanding of how and where your procurement dollars are being spent
- ensure your supplier database is refreshed with the most up to date and relevant information
- reduce your system and administrative costs by aggregating data from multiple systems and removing duplicate or out of date records.
To discuss how D&B data can be used to gain a complete picture of your supplier relationships and negotiate the best price contact D&B Client Services on 13 23 33.









