Merchandising?Getting a Good Deal
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Once you have the answers to these questions you'll be able to "cost" your widget fairly accurately, except for the factory's profit margin and labor costs. Knowing the components, quality and cost of each unit will help you decide as to the price/quality relationship right for your company. It's important to let your factory know you're very familiar with all aspects of pricing the components given the quality you require. This will narrow your vendor's "bluff window."
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Loida Noriega-wilson
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