A day does not go by that a buyer or purchasing agent does not
complete a transaction and have the vague feeling that the price
paid was too high. In an easy-to-read guide, Newman explores the
subject of price, the components of which are shown to be
compatible with information readily available from the supplier's
annual report data, among other relevant sources. A simple example
demonstrates how to determine the price structure of the supplier.
Two complex cases follow, which are analyzed from the buyer's
perspective.
This book will help the buyer focus in on those areas of price
which can be successfully negotiated as well as how to find the
information in a cost-effective manner. It will also help direct
buyers' attention to those suppliers who offer the greatest
potential for cost reduction.
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