DatumSourcing has a wealth of knowledge, proven methodologies, and practical experience to assist our clients in making the right decision to selct the right supplier for buyer's requirements.
he Target Price is a value derived from the Buyer’s market research. When buyers do have expertise in a category, they know what the costs will be prior to getting quotes. So they can set a target price for their suppliers rather than the supplier telling them what the price will be.
A letter of intent (LOI) outlines the terms of a deal and serves as an “agreement to agree” between two parties. When a relationship between the parties is not established yet, a letter of intent always help to generate some confidence in the minds of the seller about the buyer.