When it comes to profit, purchasing can outperform the sales department.
Did you know that the Purchasing Dept. can add profit to the bottom line
faster than the sales dept. can? It takes from 2-4 weeks for the average
industrial sales rep. to generate $100,000 in sales. Of that, $3,500 is net
profit before taxes.
The Purchasing Dept. can add more than that amount of profit to the bottom
line in an afternoon or less. When Purchasing places an order for $10,000
worth of good, fast-moving stock from the DeadStock Broker, the cost is
$6,500 (or less!!!) – a savings of $3,500 (or more!!) which goes directly to
the bottom line!