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Why We Should Manage Vendor Relationships Adding our vendors costs to our purchasing costs we might find they total 40% of the deal. Competitive tendering would have to drive prices down a lot to match that, and nobody would be happy - neither customer or supplier. Better we work together to take out that cost, so we both get the best deal, then extend the relationship to find other ways of improving each others opportunities.Source: http://ezinearticles.com/?Why-We-Should-Manage-Vendor-Relationships&id=2282525 |
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