Glenn Singer - Supply Chain Connections
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Monday, November 26, 2007
Increasing Your Purchasing Power
Nov 26 2007 7:10AM | Permalink | Email this | Comments (0) |
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In the November 2007 issue of Custom Builder magazine there is an interesting article on purchasing strategies for custom builders, but as I read the article for a second time it was clear that these strategies would work for any size builder.
The 9 tips outlined in the article are:
1. Don’t nickel and dime vendors for the lowest price
2. Nurture a partnering relationship with your suppliers
3. Be an attractive customer to your building supplier
4. Don’t get stuck in a rut; get competitive bids
5. Be an educated “consumer”
6. Build relationships with manufacturers
7. Negotiate special pricing
8. Cultivate single-source suppliers
9. Standard products as much as possible
You can read the article online at www.CustomBuilderOnline.com. It will be well worth your effort.


