Barter Quote by Mark McCormack
“I am convinced that most companies don't maximize their barter possibilities. Instead of aggressively reducing costs by trading their services with those of their suppliers, they seem content to pay top dollar for everything.”
About This Quote
The author believes companies miss out on barter opportunities, paying cash instead of trading services, which could reduce costs.
In simple terms: Companies ignore barter, paying too much.
Explore barter to cut expenses.
Themes
Mood
Type
When to use this quote
- procurement
- supply chain
- budgeting
- partner negotiations
Key Concepts
Questions to Reflect On
- What services could you trade?
- How to assess barter value?
Barter can be complex to manage.