Abattoirs which concentrate on supplying beef to the domestic market have hit problems because retailers are unable to pass back their high procurement costs.

The procurement cost was about $350,000, and there were monthly operational costs.

As institutional buyers cut procurement costs, they are forced to reduce the number of suppliers, with whom they develop long-term relationships.

The weapons system cost (often referred to as the procurement cost) is the total price of the aircraft.

Mr. Chappell said he supported developing second sources for contracts to foster competition aimed at lowering procurement costs.

Total procurement costs averaged $929 million per aircraft, which includes spare parts, equipment, retrofitting, and software support.

There aren't many industries where procurement costs are a higher percentage of sales than in retail.

Connecticut's programs can help purchasing managers shift from a simple comparison of manufactured costs to a new realization of true total procurement costs.

The companies gain on reduced procurement cost by taking advantage of the commonality of the components.

Franchises offer training, advertising and information technology support, lower procurement costs and access to a network of established operators.