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Why is being the Policy owner so important?
Acquisition Costs
The total costs incurred to acquire an asset or service, including the purchase price and all associated expenses.
Leverage/Commodity Items
The strategic use of commodity items, which are basic goods used in commerce that are interchangeable with other goods of the same type, to gain an advantage in negotiations or cost efficiency.
Bottleneck Items
Goods or components in the supply chain that slow down production or delivery due to their limited availability or high demand.
Cost Management
The process of planning and controlling the budget of a business or project, focusing on reducing expenses to improve profitability.
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