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Purchasing & Supply Management Podcast Series

Learn Purchasing and Supply Management Techniques Through Podcasts.

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Buyers Ask: What Is Market Intelligence?

Date: 02/26/2008
Length: 00:25:32

Conducting Market Intelligence can reduce risk, increase savings, improve decision-making, discover new suppliers, new capabilities of existing suppliers, and countries where capable suppliers can be found. Hargraves says it can also help you gather data on supplier financial viability and business continuity, build cost models for use in negotiations, and find early warnings for supply market changes.

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