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Taking concerted action. Using synergies. Pooling commercial resources.
Strategic business alliances, cooperative commercial networks and organizations such as retail buying associations all have a bright future. It is a simple fact that pooling resources increases clout, particularly in the purchasing sector. For when companies work well together, the whole is equal to more than the sum of the parts. A buyer whose turnover is very high is clearly in a better bargaining position than several individual buyers with relatively small turnovers. A central buying association can negotiate much better terms than individual trading houses.
But there are also other commercial advantages for companies that work together with buying associations. With centralized purchasing, the only supplier the individual companies have to deal with is the buying association’s central purchasing office. This simplifies book-keeping procedures, and relieves pressure on accounts staff.
As your financing partner, VR DISKONTBANK will see to the drawing up and issuing of invoices, and to the handling of payments. And as well as streamlined factoring procedures, we also offer our usual one-hundred-percent delcredere cover on all the transactions we process. Even if your association only acts as the central purchaser for specific types of goods.
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