Planning to purchase? New survey offers insight

Annual Survey of Purchasing Decision Makers included respondents from 600 U.S. companies and from four broad industry sectors, including construction and manufacturing.
By Staff February 1, 1998

Annual Survey of Purchasing Decision Makers included respondents from 600 U.S. companies and from four broad industry sectors, including construction and manufacturing.

Here are several key findings:

– While purchasers agree that purchasing supplies from business-to-business distributors offers advantages over purchasing from retail outlets, retail shopping is still the most common practice, cited by 76% of the respondents

– In the next 1 to 2 yr, 25% of purchasers plan to institute or increase use of the Internet for purchasing operating supplies

– Among purchasers who contract with an outside vendor for materials, 98% are satisfied with their integrated supply arrangements as a strategy to reduce operating costs.