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Author:Banting, P. M.
Blenkhorn, D. L.
Title:The mind of the retail buyer.
Journal:Management Decision
1988 : VOL. 26:6, p. 29-36
Index terms:BUYING
RETAILING
Language:eng
Abstract:Business concepts require standardization of terminology. The meanings of the twelve most important criteria used by chain store buyers in their adoption of new non-food products are explained. Criteria include: expected profit; quick filling of repeat orders; product quality; retailer or dealer mark-up; meeting government regulations; competitive price; supplier's track record and initial supply capability; potential volume of sales; new products fitting new trends in the market; image; the trustworthiness of suppliers. Short examples are provided from a number of personal interviews conducted with purchasing executives. In addition a three-page questionnarie was used to get more information .
SCIMA record nr: 66650
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