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When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration.
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They help manufacturers and distributors foster loyalty and encourage bulk purchasing. Training and Support Choose a vendor that offers comprehensive training and ongoing support to ensure a smooth transition and continued success with the software. However, managing these rebates manually can lead to errors and inefficiencies.
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