Consolidation--Moguls of M&A
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PI: How much cost savings does your company bring to an acquisition after buying it, and in what areas (paper, consumables and equipment)?
Tevis: Our purchasing philosophy is to single-source most major items—insurance, health care, ink, plates, film and one major, national merchant along with one local, support merchant. For a vendor to gain market share, certain economies are negotiated on terms, volume rebates and general pricing levels.
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