ProcurePort
SEPTEMBER 20, 2022
• In procurement, the balance of power can shift towards the suppliers for many reasons. First, suppliers can eliminate competition by applying a loss-leadership strategy that drives other companies out of business. • In other cases, demand far outweighs supply, making it hard for buyers to negotiate.
Procurement Insights
FEBRUARY 24, 2025
I don’t want the following quote from a famous business book to be misunderstood or suggest that negotiation between buyer and supplier is an act of war: “Every battle is won before it is ever fought.” That is what negotiations should be. It was not a unilateral exchange.
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Procurement Tactics
JANUARY 3, 2023
Mediation vs Negotiation — 5 Key Differences. Mediation and negotiation are both used as alternative dispute resolution techniques based on give and take to resolve disputes. However, how would you know if you are using negotiation or mediation? In this article, we discuss what mediation and negotiation are.
Procurement Tactics
JANUARY 12, 2023
Greek Negotiations — Everything You Should Know. Greek negotiations are what we can call an etiquette of Greek or Hellene people when negotiating. Of course, just like any other country, they have their ways of negotiating in business. In this article, we will discuss the process of Greek negotiations.
Procurement Templates
NOVEMBER 21, 2024
Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Workshops on negotiation and supplier relationship management.
ivalua
MAY 31, 2022
A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .
Procurement Tactics
JANUARY 12, 2023
Logrolling Negotiation — Everything You Should Know. Logrolling negotiation is useful when making tradeoffs on the different perspectives of parties at the negotiation table. For this article, we will talk about what logrolling negotiation is. So without further ado, let us now dive into logrolling negotiation. .
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