Also in 2023, we will be there for you to take the purchasing burden off your shoulders and save your money, as we all shall never forget - there can‘t be too much saving. Read more...
Unfortunately, we can’t invite all of you to the party. And to be honest, striving for cost reduction as we always do, we decided not to splash money on it, but to pass it to you. Read more...
Now we are talking about buying something new, exciting, something that will bring joy or something you have wanted for a long time - say a car, a camera, a new laptop or simply exciting new software for it. Pick something and just think, how it’s happening. Read more...
In EoS4U Team we have a good colleague who celebrates 20 years being a buyer this month, and today the stage is hers to remember, reflect and look forward to the future. Read more...
Ensuring that you keep as much money in your pocket as possible and giving you back the time that you would otherwise spend on activities not directly connected with your work that we all treasure is how we can help you and where we see our mission is intertwined with yours. We are looking forward to making your life easier and to seeing you in the neighborhood market every weekend. Read more...
A couple of years ago CIPS (Chattered Institute of Procurement and Supply) started encouraging its members to promote jobs in Purchasing so that fewer people come to it by coincidence but more make a conscious choice. It’s not easy, because the awareness of the job’s nature is not there and the best impression of the job even from people who meet us every day is that “a buyer is a person who places orders”, which is not very inspiring. Read more...
That’s why even in the 21st century we can't cancel the effects of the economy of scale and if our choice is either “to buy a black car” or pay a premium price. The 21st century allows us though to cooperate with each other more efficiently and freely. So, if different people don’t want a black car and are not ready to pay a lot, they can get together on a platform like EoS4U, combine their volume and let the manufacturer produce a bigger batch decreasing the piece price therewith. Read more...
A question to all the business owners and managing directors - what are the most important departments or specialists you invested in when setting up your business or thinking about organizational structure improvements. Read more...
As you remember, our intention was to survey and engage with more suppliers to ensure that no stone is left unturned in our search for better prices and savings for you. We are happy to confirm that we are still going strong and there have been no signs of slowing down, so you can rely on EoS4U Team and its dedication to your cash flow and success. Read more...
Therefore the question is why are we talking of economies of scale? None of the community members would go to a supplier and sign a multi-year agreement to get an uninterrupted inflow of components. So many might think that economies of scale are not impacting their business or personal lives. Read more...
We are inviting you to join our campaign New Year – New Buying. Our New Buying Pledge is to increase the number of suppliers we use for competitive bidding to further improve discounts and increase savings we pass to you. What will yours look like? Read more...
Let’s have a quiz. The first question is straightforward: What is buying, and do you do it? The answer is simple: you as a private person or business need something, go out, find it, pay, and get back with what you need. Read more...
Another extraordinary year is almost over. This year we were trying to learn how to live with a new normal. We all got better at managing our world in an unpredictable environment when one day you plan your work or vacation and the next day it all gets canceled due to yet another near lockdown or new rules caused by increased covid cases in our companies, neighborhoods, cities, and countries. Read more...
People with experience in the automotive industry heard about Kaizen and approach their business life following Kaizen principles. Others might have never heard about it. But most probably they also manage their business according to the Kaizen concept, just never heard the word itself. Here Investopedia can help with the definition - Kaizen is a Japanese term meaning "change for the better" or "continuous improvement." It is a Japanese business philosophy regarding the processes that continuously improve operations and involve all employees. Read more...
Brexit showed us once again the hardships of trading internationally and why not only private persons but also businesses shy away from ordering cheaper goods from other parts of the world. Very often business owners see good quality subcomponents being produced for example somewhere in Asia, but don’t want to get involved in issues connected with transportation, insurance, customs, and so on; and that’s how they are losing money every day. Read more...
From our experience, we can tell there are two kinds of people - those who can’t or don’t want to bargain, because they are shy or in a hurry or don’t know how; and those who get into it and have fun during the whole process. Even in our team, we have those who hate it and those who find negotiating exciting. Read more...
Let’s talk money. In your day-to-day business, you set up budgets, plan your revenue and calculate taxes you need to pay. But do you aim at cost reductions? When agreeing a budget do you keep an eye on the minimum and maximum spend you want to achieve and could afford? When planning your purchases for a year, do you expect to pay less or do you just accept price increases, because that’s the way life goes? Read more...
What is on the mind of all business owners and managers? What brings many sleepless nights? What signifies success or failure of a company? Profit. Read more...
There were these times when life was simple. A craftsman would produce his ware to the best of his ability and physical fitness. Sometimes he would involve members of his family including small kids. Sometimes more fortunate ones would hire a prentice or two. To produce quicker, cheaper, and better was unheard of. Read more...
Some time ago we were discussing a natural fear of change, of starting and trying something new, especially in situations when things seem to go well and we are busy else-where. This is absolutely normal. When our position is strong and stable, we don’t want to risk it all. Read more...
Our ever-evolving world requires us to be dynamic, quick, adjustable, and always think several steps ahead. We plan everything, our lives and careers, investments and leisure, our holidays and workweeks having a larger picture in mind, but being ready to change the direction or adjust our next moves on short notice. Read more...
With the crisis upon us that is hopefully fading away, we can adapt and move on to the next level. We shall apply the experience we’ve gained during the last two years and turn to the opportunities that connectivity gives us. And that’s the reason EoS4U exists. Read more...
The 21st century, an era of speed - non-stop information flow, quick decisions, ever-changing environment, unexpected customer requests, rapid growth, and equally rapid decline if you can’t meet market demands. Read more...
Imagine you are about to launch your business. You have a business plan; you have a wonderful product you are going to build, and you know that the customers will be excited to see it on the market. You are full of anticipation and the future of your business looks bright and secure. Read more...
We all are suspicious when we see something new, something we are not used to, aren’t we? And it always takes courage to make the first step to try it out, but if we do try and it helps to make our life easier we hardly notice how it becomes part of our daily life and we can’t anymore imagine getting back. And that’s exactly the feeling new customers of EoS4U get. Read more...