Market testing supplier prices
28 August 2012
Q: These days, people are buying from all around the world, particularly East Asia. I’m the purchasing manager for a medium-sized manufacturing company making electro-mechanical devices. I think that I know a lot of suppliers and believe I have got good
A: Adrian Griffiths, director of e-auction provider Vendigital, writes: I was recently involved in a project that highlights the answer to your question.
For our customer it was 5pm, but for the 12 or so potential suppliers located in the US, Mexico, Poland, UK, China, Singapore and Taiwan it was a mixture of late one night and...