Better Buying Releases New Report Linking High-Pressure Costing Practices to Suppliers’ Sustainability
Better BuyingTM has released its third in a series of Special Reports focused on how suppliers and what changes suppliers want to see as the industry recovers from COVID-19.
These latest findings reveal that the high-pressure cost negotiation strategies most frequently used by buyers also have the greatest impact on suppliers’ business profitability. New pricing and ordering strategies emerging since the onset of the COVID-19 crisis highlight the financial hardship the industry continues to face – as well as the prevailing strategy of offloading financial pressures onto suppliers.
2 replies on “Better Buying Releases New Report: Cost and Cost Negotiation and the Need for New Practices”
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