Purchasing Management Straight Rebuy The simplest and most common type of purchase is called a straight rebuy. This type of purchase involves routinely reordering from the same supplier a product that has been purchased in the past. Organizations use a straight rebuy when they are experienced at buying the product, have an ongoing need for it, and have regular suppliers of it. Straight rebuys are common among organizations that practice just-in-time inventory, which is a system of replenishing parts or goods for resale just before they are needed. Such buyers do not have time to hunt around for potential suppliers and solicit bids. Instead they regularly place their orders with a supplier whose quality and timely delivery can be counted on. To retain customers who use straight rebuys, the marketer needs to maintain high quality products and reliable service so that the customers will continue to be satisfied with their purchases.
Posted on: Sat, 24 Aug 2013 10:49:22 +0000
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