
Competition is the force that drives pricing. Where monopolies exist prices remain high. The astute consumer would be ill advised to buy a new motor car from the first dealer they visited, without first comparing prices and benefits from a range of potential suppliers.
It is the same for consumables and raw materials, which in the manufacturing world will always remain a major cost factor and inevitably impact greatly upon the balance sheet.
Sales people are motivated to sell, so it is natural that the professional buyer is cautious. With many producers competing for your business it can be tempting to carry on existing supply relationships as the route of least resistance. Whilst there are great benefits in the continuation of well established procurement routes, it would be a foolish buyer that unaware of the alternatives.
Today more than ever, with the growth of the internet information is readily available. If you use steel strip, browse over to Steelstrip Resources. Locating information on potential suppliers has never been easier!
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