When organisations are trying to boost profits, or maximise budgets, it is imperative they avoid unnecessary costs. Yet a majority are still paying excessive margins on IT products.
Why are some organisations paying up to 11 times the trade price for IT products?
Now in its fifth year, the IT Margins Benchmarking Study by KnowledgeBus explains why some industries consistently fail to control the mark-ups being charged by suppliers. This paper looks at the average margins paid across different sectors and outlines how poor procurement scrutiny can severely impact IT budgets.
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