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Unformatted text preview: ant raw material or component). Ironically, the
ones that marketed most directly to me as a small business offered the least savings –
two were higher in total cost than what I had previously been paying. And no, I never
heard back regarding the auction.
Overall, the email offers of rebates were appealing and I still might use them, but
generally the incentive for switching suppliers and purchasing methods was low …
and I like the free cookies.
-- Scott A. Elliff To achieve the “best” overall procurement results,
you may need to repeatedly shop the marketplace,
changing suppliers as competitive conditions change.
In the grocery aisle, we easily switch from one
breakfast cereal or detergent to another depending on
what’s on sale. But for each new supplier, your
company needs to check them for compliance with
quality requirements and other business practices,
individually add them into your supplier and financial
reporting systems, have their inventories separately
handled and stored, and have their invoices separately
processed and paid. Together,...
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This test prep was uploaded on 04/01/2014 for the course INDE 6370 taught by Professor Staff during the Spring '08 term at University of Houston.
- Spring '08