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What are the importance of buying goods in bulk.
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[QUOTE="TOZZIBLINKZ, post: 215660, member: 37528"] When you hear the world " bulk " there is every possibility that what comes to your mind is the word wholesaler. This is hundred percent accurate and correct. Right from secondary school we are taught that a wholesaler buys goods and commodities in bulk from the manufacturer or producer. But why does he does this? Is there any benefits of buying goods in bulk? Well , what if they are let's find out. Buying of goods in bulk encourages or necessitate the practice of warehousing , warehousing involve the storing of goods and commodities over a particular period of time when they are needed either by the business to stock up inventories or for the consumers for consumption process. Another reason why buying of goods and commodities in bulk is important is that it prevents littering of business environment, this is so true because buying of goods in bits in other words retail can litter the business environment so bulk purchase help in the sense that it eliminates the need of fancy packaging or wrapping of individual goods and commodities before handling it over to the customer, rather it is better to sell products in a whole. Buying of goods in but also increase sustainability of business inventory for example if a particular business organisation runs out of initial stock buying in bulk could also help because rather than paying transport to go buy from the manufacturer or producer, bulk-buying could suffice the situation. [/QUOTE]
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