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It works by providing the buyer with a pre-approved revolving facility that can then be used to finance trade with multiple suppliers, "with the confidence of a cash buyer".
Target-value (volume-based) LTAs also may be split among multiple suppliers, with an appropriate, capacity-based volume allocated to local suppliers.
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"If there's one thing Wal-Mart does well, it's knowing and working with multiple suppliers within a category to get the best deals for their consumers," said John Faucher, an analyst for J. P. Morgan Chase.
Each consumer company has dealt with multiple suppliers — and their suppliers have dealt with multiple suppliers.
These "next generation" models often involve forming relationships with multiple suppliers, frequently across diverse geographical locations, or forming closer, risk-sharing partnerships with a single supplier.
Most requisitions willl be competitively-sourced, with multiple suppliers competing for Harvard's business.
In this paper, we consider a green supply chain with multiple suppliers, a single manufacturer and multiple retailers.
The landscaping industry is highly fragmented, which means that landscapers must deal with multiple suppliers to procure the goods and services they need.
The outsourcing of website management (known as "managed hosting") saves these clients money, says Mr Andreessen, since they no longer have to deal with multiple suppliers or technologies.
With multiple suppliers and multiple customer needs, the assembly model can be divided into several sub-assembly steps by applicable sequence.
In fact, big businesses can be very, very good at establishing powerful relationships with multiple suppliers who are providing inventive, new output.
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