bulk-buying

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bulk-buying

the purchase of raw materials, components and finished products in large quantities, thereby enabling a BUYER to take advantage of DISCOUNTS off suppliers’ LIST PRICES. A supplier may offer a price discount to encourage the placement of large orders as a means of obtaining extra sales in order to exploit fully the ECONOMIES OF SCALE in production and distribution. In many cases, however, the initiative lies with buyers, with powerful retailing and wholesaling groups exacting favourable price concessions from suppliers by playing one supplier off against another. See CHAIN STORE, OLIGOPSONY, MONOPSONY.

References in periodicals archive ?

By working together the local authorities will tender energy companies to get a better price when bulk-buying.

22,000 sign up for bulk-buying energy scheme

Launchpad is spending pounds 30m on bulk-buying new homes in Newcastle, Gateshead and Sunderland.

Helping hand into housing

The biggest losers, however, are the Polish mafia which has been stung for millions after bulk-buying over half of the available tickets.

Radar at Live 8: U2 running on empty

While studying the dimensional stone business in Europe, she launched Innovative Marble and Tile in 1981 and has since built it into Innovative Stone, a multi-million dollar natural stone company with an exclusive global network of stone and tile resources, bulk-buying capabilities, project management expertise and installation.

LI firm to supply Freedom Tower cornerstone at July 4 event

This resulted in reducing the cost of its program, as well as further enhancing its buying leverage with its suppliers, with whom it had already forged a bulk-buying consortium with other retailers to gain price leverage.

People programs pay off: understanding workforce optimization is no longer a luxury--it is essential to attract and keep the best talent that will, in turn, improve a company's bottom line. (Workforce Optimization)

The council gains a five per cent discount on bulk-buying and have been offered twice this incentive.

Letter: Ticket scam

CASH and carry superstore chain Makro are using their bulk-buying powers to sell cars at a hefty discount.

Cash and car superstore

In addition to giving small magazines the benefit of bulk-buying power, it serves to create a stable market for recycled paper, bringing price down while creating demand.

The Paper Project

department store chain couldn't use its bulk-buying might to achieve low, low prices on merchandise because summer is winter and winter is summer depending upon where you are in North and South America.