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Day 2: Understanding Market Shifts and Supplier Rate Changes
- by Sales Department
Day 2: Understanding Market Shifts and Supplier Rate Changes
In today’s dynamic market, prices change constantly. However, studies show that many businesses overlook or fail to ask suppliers about potential pricing adjustments or upcoming rate changes, which can lead to paying more than necessary. This oversight can be costly, especially in industries where small shifts make a big impact on the bottom line. Checking with suppliers regularly not only prevents surprises but also keeps your business aligned with the best available rates. How often are you discussing rate adjustments with your suppliers?
