Sometimes, waiting even just a few days for a customer’s check can impair your company’s ability to secure premium purchasing rates from your own vendors.
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Tags: accounts receivable, customer, factor, invoice, vendor
Electronic Invoicing saves time and money. So why aren’t more businesses using it?
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Tags: Accounts Payable, billing, EIPP, invoices, software, supplier, technology, vendor
Hold on to your clipboard, your calculator and your PC: You can expect more pressure from the big cheeses to streamline procurement services even more than they are now, in light of today’s economic pressures.
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Teamwork divides the task and multiplies the success, an old saying goes. Done correctly, working together with your suppliers and vendors will achieve the same result.
Tags: checklist, Partner-Performance Management, scorecards, supplier, vendor
Pause for a moment before you hit Send for the “humorous” e-mail you’re passing along
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Tags: communication, customer, e-mail, vendor
Just because you’re a small business doesn’t mean you can’t benefit from a strategic warehouse management system (WMS).
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Watch your step — you’ll need to steer clear of the growing puddles of red ink out there. Purchasing pros are keeping a close eye on bankruptcy trends.
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Tags: bankruptcy, procurement, purchasing, supplier, vendor
Successful bargaining with a vendor to some means that you have to come out with the lowest price.
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Tags: bargaining, goods, purchase, stock, vendor
Even during the worst of times, there are savvy operators out there who manage to turn it into an opportunity to advance. 
