THE BUYING CHALLENGE

    From office stationery through to commercial property – purchasing decisions are always critical, and often challenging. 

    Numerous high profile projects have moved into loss due to hidden costs, rising prices, late supply, penalty clauses, etc. that were all buried in the original small print. Today’s contracts are becoming increasingly complicated due to regulation, and, in sectors such as construction, even simple jobs are governed by contracts that spread over tens of pages.


    The selection of suppliers directly affects the progress and profitability of any project - for better or for worse – yet surprisingly very few tools exist that help buyers to make these critical decisions. In many cases suppliers present their offers in a way that makes direct comparison virtually impossible - how many times have purchases been made only to find that the original comparison was not between apples & apples but between apples & pears, or that things that appeared to be included were actually ‘optional extras’?

    THE BUYNET SOLUTION
    In 2001 Buynet began to develop an analytical tool to allow buyers to compare supplier offers on a like-for-like basis.  In essence the tool breaks down supplier proposals into their smallest component parts and then builds a picture of the components needed to fulfil each buyer’s’ needs.  The specific advantages and disadvantages of each offer are presented in a simple matrix and the elusive all-inclusive cost is always identified, which enables buyers to select the products, services and suppliers best suited to meet their needs.

    THE BENEFITS

    • Identify the best and most cost effective suppliers.
    • Remove hidden costs to achieve budget.
    • Ensure optimum profitability.
    • Gain trouble free, on-time supply of goods & services.
    • Free up buyers’ time.
    • Enhance supplier relationships.