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    What factors can influence vendor selection? Why is it so im

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    What factors can influence vendor selection? Why is it so important to understand the purchasing and buying process from both the vendor and the buyer perspective?

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    What factors can influence vendor selection?

    One of the main criteria in vendor selection will be how long the vendor has been in business, which gives weight to their track record in the industry. Buyers need vendors that are reliable, and that have shown that they can sustain themselves due to the business that the vendor has built up over the past years since they have been in business. The buyer needs to determine what his or her exact needs are, for the company, and match it ...

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    What factors can influence vendor selection? Why is it so important to understand the purchasing and buying process from both the vendor and the buyer perspective?

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