beprofit logo
ProductExpand more icon
profit calc image
Profit Simulators
Tweak your numbers to lift profits up
action card image

Demo Store

Want to see our
dashboard in action?
ResourcesExpand more icon
CompanyExpand more icon
Pricing
Want to see our dashboard in action?
you can try it here with theDemo Store!

Tips when negotiating new supply contract.

Asked 2 years ago

My current supplier contract is coming to an end in 6 months and soon I'll need to start negotiating for a new one. Overall I've been very happy with my supplier and they are easy to work with but margins are slim at the moment and I predict they will stay that way in the near future. I could use some help with negotiation techniques if someone has any to share. It would help me a lot, thanks!

Jolina Regin

Monday, March 13, 2023

Here are some tips to consider:

· Setting objectives for purchase negotiations.

· Identify the supplier’s objectives.

· Get familiar with the team and find out about their professional backgrounds.

· Be clear about your needs.

· Review past work history and achievements





Write an answer...

Cancel

Please follow our  Community Guidelines

Can't find what you're looking for?