Word: suppliers
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Dates: during 2000-2009
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...years ago, a separate department for non-traditional purchases was only a circle on a new CEO's org chart. His goal, Ping explained, was "to consolidate the supplier base" and thereby "leverage spending." In English, this meant that where once each of the company's manufacturing plants had different local suppliers, they would now buy every item in larger volumes at lower prices from one or two national suppliers. "This seems to be the trend nowadays," Ping told me. "In the beginning, they hired some consultants to do a diagnostic and found out there was a saving potential. Then...
...Lingerie Industry: Manufacturers report increases in orders from Arab countries. "They had a big problem with low oil prices last year," a supplier told Women's Wear Daily. "Now it's not only the wealthy, but...middle-class Arabs who are looking to buy more beautiful sleepwear...
...doors, attending an endless parade of trade shows and selecting the right representatives, they built a solid customer base of some 2,000 stores--gift shops, beauty salons, boutiques, grocery stores, independent pharmacies and a major drugstore chain. Their most popular items, which they buy from a German supplier and account for 60% of sales, are aromatic foam baths scented with herbs from lavender to rosemary. And these items were among the ones singled out by the USTR office for its trade war with Europe over bananas...