Many wholesalers are still dealing with high inventory levels built up in response to ocean freight delays and logistics uncertainty in 2022. This excess inventory can represent a great opportunity for buying organizations to generate procurement savings and claw back some of the price increases accepted last year.
With supply chains disrupted, uncertainty around the ongoing availability of goods, and ocean freight delays; many wholesalers built up higher than usual inventory levels last year. Now, these wholesalers are looking to reduce inventories, creating a favorable purchasing climate for businesses.
Our team of procurement experts has years of experience helping businesses identify and capitalize on purchasing opportunities like these. We can help your business get the best price today and re-establish strong supplier relationships that may have been strained over the past couple of years.
These procurement opportunities are time sensitive and will not be available once inventories return to normal levels. Contact New Dominion Consulting today to learn how we can help your business take advantage of these opportunities and bring your expenses under control.