| End the practice of awarding business on the price tag alone. Purchasing departments customarily operate on orders to seek the lowestpriced vendor. Frequently, this leads to supplies of low quality. Instead, buyers should seek the best quality in a long-term relationship with a single supplier for any one item. |
.... conceived by leaders, philosophers, educators, psychologists, scientists, sociologists, theologians and thinkers in the past two and a half thousand years Charles Hampden Turner has divided this mind exploration into nine levels, moving from narrower to broader concepts and from earlier to later [4]. Microsoft s chairman Bill Gates states in his Business The Speed of Thought, his Twelve New Rules for success in the digital universe: velocity is the key when the increase in velocity is great enough, the very nature of business changes. If the 1980s were about quality, and the 1990s were ....
End the practice of awarding business on the price tag alone. Purchasing departments customarily operate on orders to seek the lowestpriced vendor. Frequently, this leads to supplies of low quality. Instead, buyers should seek the best quality in a long-term relationship with a single supplier for any one item.
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