White Paper

11 Pages
  • 11 Pages

How to Develop a Strategic Purchasing Plan


Companies that are serious about long-term growth and sustainability need to create a strategy for purchasing that secures them the most reliable and high-quality vendors, the best products, and the best price on essential materials that will reduce overheads, raise profit margins, and keep customers satisfied both in terms of value and long-term quality. This process can sometimes be extensive and even time-consuming, but it should be seen as a significant investment in the company's long-term fortunes and market share. Download this white paper to learn how to develop such a strategy.

Learning Objectives

- Learn how to get started in creating a strategic purchasing plan.

- Review how to evaluate vendors.

- Develop skills in price negotiation.




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