In the competitive landscape of home furnishings retail, every advantage counts. From staying on top of trends to managing inventory effectively, retailers constantly seek ways to optimize their operations and boost profitability. One often-overlooked but highly effective strategy is joining a buying group, also known as a group purchasing organization
buying power
The financial supply chain bubble is bursting… You’ve been more focused on the lack of physical inventory but probably haven’t realized that you’re teetering on a precarious cliff of losing the retail buying power you once had and won’t have the credit to continue buying from your existing vendor base.
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