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Tag: Baker Hughes Last Time Buy

Nov 27 2017
0

Baker Hughes, in Transitional Times, Remains a Valued Partstat Partner

By Michael Stratton

Partstat recently purchased Last Time Buy (LTB) inventory on behalf of GE Oil & Gas, subsidiary of General Electric. With one agreement, GE Oil & Gas managed to preserve working capital for that quarter while saving significant administration costs, storage and handling costs, and distribution costs over a 10-month period. As GE Oil & Gas…

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