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Purchasing & Cost Reduction

Contracts Are Not Straightjackets!

Introduction Where appropriate, contracts can be good for both the supplier and buyer. They should clearly confirm the details of the agreement that has been reach, the responsibilities of each party and the overall terms of the agreement. However, it is important...

Managing New Products & Services

Blog by Neil Grime - view his profile> Businesses need to make big decisions all the time and the subject of purchasing and supply is no exception. A Potential Scenario A business purchases a critical item for one of its main products. The demand is high but it is...