A chain retailer can achieve wholesale cost efficiencies by ________.

Question

Quizplus · Accepted Answer

Buying goods directly from suppliers in large quantities allows the chain retailer to negotiate lower wholesale prices, which results in cost efficiencies. Stressing the sale of private label brands and using computer-based inventory management systems can also help with cost efficiencies, but they are not directly related to achieving wholesale cost efficiencies. Having suppliers list suggested selling prices on labels is not related to achieving cost efficiencies at all.

A Chain Retailer Can Achieve Wholesale Cost Efficiencies by ________