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Implementing a Chemical Cost‐Control Program Is Worth the Effort
Author(s) -
Springer James,
Meyer Maria
Publication year - 2019
Publication title -
opflow
Language(s) - English
Resource type - Journals
eISSN - 1551-8701
pISSN - 0149-8029
DOI - 10.1002/opfl.1248
Subject(s) - purchasing , yield (engineering) , investment (military) , competition (biology) , control (management) , business , industrial organization , environmental economics , operations management , economics , marketing , ecology , materials science , management , politics , biology , political science , law , metallurgy
Encouraging competition, using market indices, adjusting prices, and optimizing purchasing can yield significant savings for utilities and their customers. The initial and ongoing investment of time pays off with a sustainable contract that works for utilities and vendors.