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PRACTICAL CASH-SAVING IDEAS FROM INC. READERS

 

Group buying of raw materials with friendly competitors has saved a Minneapolis plastics manufacturer more than $3,000 annually.

The company, which used to purchase 3,000 to 5,000 pounds of roll-stock PVC per order and pay for all freight costs, now jointly buys 15,000 to 20,000 pounds at significantly lower prices per pound. It gets free delivery from the supplier, as well. --