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5 Tips for Acing a Supplier Negotiation
Here are five tips on how you can get the best deal out with your negotiations.
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Making a great deal is a key procurement skill, but not one that comes naturally to everyone. Thankfully, there are some basic approaches to negotiation that can help you get the best deal for your organisation, and avoid being taken advantage of.
To help you out, we've created a helpful list of the top five things you should keep in mind when you go into a supplier negotiation.
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- In procurement, having great supplier negotiation skills is critical.
- You should never go into a meeting unprepared, from researching suppliers to knowing your deal breakers.
- How you make your first offer is critical, as this sets the tone for the rest of the negotiations.
Did you Know? Getting Audit Ready
Our modules allow audit ready reporting to be generated across the full sourcing lifecycle
Grant Management Overview
This functionality gives end-to-end visibility to manage projects and contracts for grants
Did you Know? Conflict of Interest Declaration
Users can identify real or potential COIs in planning and evaluation stages of an event.
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