A-Z Popular New Procurement Search »
Business Guide
 
Related Guides

5 Examples of a Modified Rebuy

 , updated on
A modified rebuy is when a buyer wants to reorder a product or service but seeks changes to terms, prices, suppliers or product specifications. It is common for buyers to purchase many times using the same terms and supplier. A modified rebuy indicates the buyer is dissatisfied with the current situation or has new requirements. The following are illustrative examples of a modified rebuy.

Terms

A procurement team begins to prefer FOB Destination terms and finds that most of their suppliers offer it. They stop reordering from their few remaining suppliers that require FOB Shipping Point terms.

Prices

A facilities manager reviews her opex budget and starts to question why they are spending so much on printer supplies. She requests the purchasing team to cut costs if possible. The team compares the cost of printer cartridges and finds their supplier is charging a premium over prices commonly available in stores. They push the supplier for lower prices.

Suppliers

A purchasing team has 4 suppliers for maintenance consumables such as light bulbs. They find one of the suppliers offers lower prices, higher quality items and convenient ordering tools. They begin to shift more business towards this supplier and end several repurchases that were going to the other 3 suppliers.

Product Requirements

An airline has a strategy to offer more fresh fruit for breakfast meal service on several routes based on customer feedback. Their ordering of meals changes based on this requirement.

Product Changes

An infrastructure maintenance team purchases the same light bulbs from the same supplier for 15 years. Suddenly the manufacturer discontinues the product model in favor of new energy efficient models. This forces the maintenance team to choose a new model.
Overview: Modified Rebuy
Type
Definition
A buyer wants to reorder a product or service but seeks changes to terms, prices, suppliers or product specifications.
Related Concepts

Procurement

This is the complete list of articles we have written about procurement.
Business Supplies
Expediting
Logistics
Price Analysis
Procurement
Procurement Risk
Reverse Auction
RFP
Supply Chain
Supply Shock
If you enjoyed this page, please consider bookmarking Simplicable.
 

Procurement

Procurement explained.

Direct vs Indirect

The difference between direct and indirect procurement.

Procurement vs Purchasing

The difference between procurement and purchasing.

Expediting

A definition of expediting with examples.

Outsourcing

A complete overview of outsourcing with examples and comparisons.

RFP

An RFP template with explanations and a completed example.

RFP Example

A complete example of an RFP.

RFP Process

A complete guide to the RFP process.

RFP Definition

The definition of RFP with an example template and process.

Sourcing vs Purchasing

The difference between sourcing and purchasing.

Sourcing Definition

A definition of sourcing.

Due Diligence

An overview of due diligence.

Insourcing

An overview of insourcing with examples.

Price Analysis

An overview of price analysis for purchasing and procurement with examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map