Buying
For customers, retailing is the gate to a world of goods. The same applies to procurement for retailers. Procurement determines the main focus within assortments, pools orders and negotiates ideal delivery terms.
The Beating Heart of Retailing
No purchasing – no retailing. This central department in every retailing company ensures that merchandize customers desire is available in ample quantities at competitive prices and terms. In close cooperation with Category Management buyers negotiate about articles, volumes, purchasing prices and terms with suppliers. Retailers and manufacturers can use innovative technology to accelerate the purchasing process and cut the costs involved.
eSourcing: Buying at the Click of a Mouse
The B2B Internet marketplace gets business partners together more quickly: retailing companies post their demand for goods and services. Suppliers bid in so-called Online Negotiations. The supplier with the lowest price and the best terms is generally awarded the order.