Your English writing platform
Discover LudwigSuggestions(1)
Exact(3)
To halt the slide, the company has been trying to cut costs by centralizing purchasing and other administrative functions.
Synergies from combined purchasing power, for example, might be achieved by centralizing purchasing, by setting up a purchasing coordination committee, by establishing a corporate advisory center, by creating a cross-unit database on purchases, or by setting corporate standards for terms and conditions.
These include allowing coverage of domestic partners, adding new types of plan designs, centralizing purchasing of prescription drugs, and allowing higher premiums for enrollees who use tobacco.
Similar(57)
ING also announced that it expected to save 300 million euros a year by 2015 through so-called procurement initiatives, which will look to centralize purchasing across the firm to reduce costs.
I think we could go further in shutting down centralized purchasing.
The franchisor maintains quality standards, provides managerial training, conducts centralized purchasing and promotes a common brand.
Conversely, centralized purchasing tends to be more bureaucratic and less responsive to local or market needs.
Many companies also assume that to get volume discounts in purchasing, they need to centralize purchasing decisions.
It permits centralized purchasing, which reduces costs, and gives the company a larger share of outlet profits.
The next year, she issued an executive order creating a new health policy agency that would centralize purchasing and planning in her office.
Centralized purchasing is also crimped by rules that require liquor and tobacco to be bought locally.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com