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For buyers, establishing strong relationships within these social circles can significantly influence their purchasing decisions. Strong ties with factory representatives enable buyers to gain insights into production capabilities, lead times, and the availability of materials. This exchange of information often leads to more favorable terms and conditions when negotiating contracts.
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2. Sustainability Practices In today’s eco-conscious market, sustainability is more than just a trend; it’s a necessity. Suppliers who implement sustainable practices in their manufacturing processes, such as recycling scrap metal and reducing waste, can add value to a business’s commitment to environmental responsibility.
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