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Posted on: 15-Oct-2008

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PICOS(Program for the Improvement and Cost Optimization of Suppliers) is a Win-at-any-Cost buying strategy. It focuses on cost as a fulcrum for the buyer in a psychological war against the vendor to force prices as low as possible. It throws out profit as irrelevant. Profit is a vendor problem.

« Maxims: Technology business structures are fundame...

Maxims: To be really committed to profitability, ... »

About weQuest:
weQuest's are written by G Dan Hutcheson, his career spans more than thirty years, in which he became a well-known as a visionary for helping companies make businesses out of technology. This includes hundreds of successful programs involving product development, positioning, and launch in Semiconductor, Technology, Medicine, Energy, Business, High Tech, Enviorntment, Electronics, healthcare and Business devisions.

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