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7 Purchasing Negotiation Strategies Every Buyer Should Use

ProcurePort

In other cases, demand far outweighs supply, making it hard for buyers to negotiate. The post 7 Purchasing Negotiation Strategies Every Buyer Should Use appeared first on ProcurePort Blog. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. •

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What is Purchase Order Automation Software?

ProcurePort

How can purchase order automation software improve life for procurement teams? The task of managing purchase orders is no small feat. It is demanding, requiring careful attention to detail and great interpersonal skills. The post What is Purchase Order Automation Software? appeared first on ProcurePort Blog.

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How to Use Group Purchasing as a Cost Reduction Strategy

Una

How to Use Group Purchasing as a Cost Reduction Strategy. The hardest-hit industries were those in which consumer demand plummeted: restaurants, gyms, transportation, construction, theme parks, conventions, oil and gas, automakers, discretionary travel, live sports, hotels, and (of course), airlines. in April 2020.

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Episode 88: Global Energy Supply and Demand with Kris Lance

Una

Episode 88: Global Energy Supply and Demand with Kris Lance. Do you have questions about group purchasing? Wondering how a group purchasing organization can help you save money, time, and effort? The post Episode 88: Global Energy Supply and Demand with Kris Lance appeared first on Una. Contact us to learn more. .

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CVS, Rite Aid Ration Contraceptive Pills as Demand Surges

Supply Chain Brain

CVS and Rite Aid pharmacies are limiting purchases of emergency contraceptive pills as demand for the medication surged following the U.S. Supreme Court decision that struck down the constitutional right to abortion.

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8 Best Inventory Demand Forecasting Techniques

EazyStock

Demand forecasting techniques. Demand forecasting techniques play a critical role in inventory management. If you can accurately forecast market demand, you can take action to ensure you hold the correct stock to maximize sales and profit. However, producing an accurate inventory demand forecast is no mean feat.

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Overcoming Black Friday purchasing and warehouse challenges

EazyStock

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.