Point of View

Bang for your Buck: Getting the most out of Price Benchmarks

Through experience, HfS understands that price benchmarks provide a host of benefits to both buyers and providers.  From greater cost and price transparency to the strengthening of relations, the list of improvements is substantial. We are also aware that they can quickly undermine months and sometimes years of hard-fought trust between parties. With so much at stake, why doso few buyers and providers invest the time and energy to learn about price benchmarks and, more importantly, how to use them?

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