course title mike guillot easy purchasing tips to save money
TRANSCRIPT
Course Title
MIKE GUILLOT
EASY PURCHASING TIPSTO SAVE MONEY
EASY PURCHASING TIPS TO SAVE MONEY!
MIKE GUILLOT, PURCHASING DIRECTORMISSISSIPPI MUSIC INC.
HATTIESBURG, MISSISSIPPI
EASY PURCHASING TIPS
As a Buyer we can save our company money in a variety of ways.•1. Buying smarter and better•2. Reducing expenses — what is your expense percentage?•3. Maximizing rebates
EASY PURCHASING TIPS
• WHAT IS YOUR BOTTOM LINE?
• WHERE IS THE BOTTOM LINE?
• HOW DO WE GET THE BEST DEAL?
EASY PURCHASING TIPS
• IT’S ONLY A DEAL IF YOU NEED IT!
• SAVE MORE MONEY WITH WHAT YOU DON’T BUY!
• EFFECTIVE INVESTMENT ANALYZATION BEFORE YOU BUY!
EASY PURCHASING TIPS
• THE DECISION IS MADE. NOW WHAT?
• HOW MANY CAN WE SELL?• HOW LONG WILL IT TAKE TO SELL THEM?• HOW MUCH PROFIT WILL WE MAKE?• HOW LONG DO WE HAVE TO PAY FOR THEM?
EASY PURCHASING TIPS
• WILL WE SAVE MONEY BY PAYING EARLY?• WILL WE SAVE MONEY BY PAYING WITH
CREDIT CARD?• IS THERE A REBATE ONCE WE REACH A
CERTAIN PURCHASE LEVEL?
EASY PURCHASING TIPS
• REBATES CAN ADD A LOT TO THAT BOTTOM LINE!
• SOME COMPANIES’ PRICING STRATEGIES ARE BASED ON THE REBATE PERCENTAGES
• ASK AND YOU MAY RECEIVE?
EASY PURCHASING TIPS
• PARTNERING WITH YOUR VENDORS• ADVERTISING DOLLARS — AS A DEALER
YOU HELP THEM GET MORE BANG FOR THE BUCK!
• MERCHANDISE RATHER THAN CASH• IT IS A WIN-WIN!
EASY PURCHASING TIPS
• FREIGHT SAVINGS• WOULD YOU LIKE TO SAVE 10% TO 50%?• NAMM “PartnerShip” PROGRAM• FREE NAMM Member Benefit• Reputable National Carriers
EASY PURCHASING TIPS
• Recognize any of these names?• FedEx• UPS Freight• YRC Freight- Yellow & Roadway• Conway Freight• Additional carriers
EASY PURCHASING TIPS
• OVER 2,000 MEMBERS!• Average savings $1,000/year• That’s 2 million plus in savings!• Inbound and outbound freight• Small packages & LTL (less than
truckload)
EASY PURCHASING TIPS
• PLEASE SPEAK TO THESE PROFESSIONALS!
• Start saving money TODAY!• It’s FAST! It’s EASY! It’s PAINLESS!• AND IT IS FREE!• THANKS NAMM!
EASY PURCHASING TIPS
What do you need to know?1. Total weight of shipment2. Zip code going from and going to3. Freight class4. Number of pallets on LTL shipments5. Total number of pieces6. Total value of shipment
EASY PURCHASING TIPS
• Questions?• Answers? I hope.
• Thank you very much for your attention and for attending Summer NAMM 2013!
MIKE GUILLOT- PURCHASING DIRECTORMISSISSIPPI MUSIC INC.1001 SARA LANEFLOWOOD, MISSISSIPPI 39232PHONE #- 601-922-1200CELL #- 601-906-8046EMAIL- [email protected]