Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Name the most important factor in price negotiation a) Attraction for future business b) Vendor's Weaknesses c) Substantial Increase in purchase?

user-image
Question ajoutée par Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner
Date de publication: 2016/10/12
Ghulam Farid
par Ghulam Farid , Contracts Officer , Abu Dhabi Company for Onshore Petroleum Operations (ADCO)

Here as mentioned by you item A and C can help in negotiation. Ofcourse item A will take lead here

Rohan Walpola
par Rohan Walpola , Account Manager , Timex Garments (Pvt) Limited

Price negotiation is for the organization to reap maximum benefits, while  settling the differences between the two parties.

Substantial increase in Purchases (such as volume lines)  &  having  opportunities to grow (future business growth) are  text book advantages. Why I call those are Text book advantages is every company will  look for such options to negotiate.

Knowing vendors weaknesses will give you an edge over others  to put forward   "Taylor made" proposals not only suit their price levels & supply chain  but  matching the budgetary commitments.

eg : If cash trapped company ( you came to know this weakness) could offer  advance payments option  for   20% discount on   purchase price.

 

The multinational companies invest in  business intelligence to find such weaknesses in opponents &   make  inroads to price negotiations &  winning contracts.

 

Heidi Greeff
par Heidi Greeff , District Manager/ Area manager , Tsebo solutions/ Fedics

a; Quality and supply/ demand would be a major factor, if you are purchasing large amounts for multiple units this would a factor. Ultimately we want great quality at a good price! good communication between both parties is vital.

b; Clients want great service and good prices - a companies reputation is very important! Happy customers will promote your company!  a reward program for loyal customers, whereby you give a discount on a popular product could be a attraction for clients.

c; Vendors weaknesses could be a cash flow problem or to much stock or to little stock!

d; if your clients business is growing and they substantially increase there orders - I would re negotiate terms and conditions with clients, and determine what there current stock needs are! and work from their 

Ajay Arya
par Ajay Arya , IT Infrastructure & Security Manager , Confidential (In Stealth Mode)

Attraction for future business 

Nisar Ali
par Nisar Ali , Accountant , The Linderhof Lahore School System

Price

Value for money

Payment Terms

Quality

More Questions Like This

Avez-vous besoin d'aide pour créer un CV ayant les mots-clés recherchés par les employeurs?