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to any retail/wholesale organization merchandising and procuring the right products at the right cost determines success of marketing/sales and profitability. "if you buy right you sell right" is that true?
Yes indeed, if you manage to buy a high valueed product at a good / fair and competitive price then you will be able to sell same at an acceptable profit.
what is the difference between procurement and purchasing?
Buying only quality products to sell always leaves a positive impression during the stage of sales negotiation and it prolong profit in ROI and assess rates regularly. As a salesperson its a plus point when you feel confident about your product and you will avoid numerous inquiries regarding efficiency,ease, durability, elegance and comfort.
