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As a buyer, what are some good methods to obtain a price quotation for raw materials from a supplier without letting my regular supplier know?

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Question ajoutée par Abeer AlSayed , Senior Media Relations Officer , Jordan River Foundation
Date de publication: 2017/02/23
Kamal Kishor
par Kamal Kishor , Site Manager & Lead Engineer , Utico fzce

Why to hide at all.

 

Our regular supplier should always be intimated that we are professionals and they can not take our relationship for granted. We can always free to check the market and get the raw material prices from the suppliers. Old relationship is good thing but loosing margin because of that is not great to pursue, and our supplier should abide by this.

 

As per my understanding and experience they do appreciate this too.

Roberto Gennaccari
par Roberto Gennaccari , Head of Supply Chain Excellence , Luxottica

There are a couple of solutions:

1- going with the STD process of RFQ. but in this case the supplier knows you are looking for it and, at the end, if you RFQ regularly without releasing a PO, you will get the result that the supplier knows you are cheating and just asking and would not be willing to answer  you anymore. 

2- promote an e-auction access only to qualified suppliers. in this way you can benchmark the current price, at the same time, from a certain number of suppliers and chose to which release the future PO. Normally you can tender an e-auction every quarter without having the supplier suspicious on the scope, cause infact the scope is to release a PO. This method works quite fine and, more, is extremely fast.

Mohammed  Mujahid
par Mohammed Mujahid , Senior Purchaser , SIG COMBIBLOC OBEIKAN COMPANY LTD

Direct contact with supplier to get quotes with other company reference 

Geoffrey Briones
par Geoffrey Briones , General Stores Supervisor , Eastern Industrial Company - EICO

  1. Use the portal of the vendor web site to send RFQ.
  2. Direct contact to the new supplier via email or fa

ANGSHUMAN KOTOKY
par ANGSHUMAN KOTOKY , Senior Asset Manager , CBRE South Asia Pvt Ltd

To have a rate repair quote from the existing and new supplier .

Vinayachandran Melethil Gopalakrishnan
par Vinayachandran Melethil Gopalakrishnan , Projects / Operations Manager / Business Development Manager , Damco Saudi Arabia LLC

My best tip for negotiating with a supplier is to always get the service quoted by at least three other suppliers. I let the supplier know that I am getting quotes and will go with the best one available. This creates some competitive pricing. 

hamid eddin takruri
par hamid eddin takruri , Web Support Administrator/ Design , GTD (Government Tenders Directorate)

without letting your regular supplier know ?

what difference does it make ?

In my opinion you should let him know ..for competency & transparency

It is not only your right to do so but also your duty

 

You / your company must have a standard policy /Guidelines one of them is (at least 3 Quotations from 3 different suppliers (as mentioned in some answers)   

 

 

Sunil Sukhija
par Sunil Sukhija , Director- Procurement, Supply Chain & Operations , Sacred Sun Power Source Co

Floating Annual RFP is one important factor to get the price and then E bidding is the most popular and transparent way of getting genuine prices and without knowing the other suppliers

Azaz Attar
par Azaz Attar , LEAD BUYER , Drydocks

With the technology available today, it easier to analysis the market cost by enquiring/publishing the requirement as mystery buyer and get the quotation for our analysis to drive the correct cost.

Mostafa Fawzy
par Mostafa Fawzy , Purchasing Manager , Alpla group

- Regularly we obtain 3 quotes for goods / service from 3 different suppliers or service provider  , but in case of emergency we can obtain 1 quote  

- Arranging for yearly tender or contract will facilitate process of selection

Raju Rajguru
par Raju Rajguru , Deputy General Manager , AL Hilal Combined Gen. Trdg. & Contg.

The below methods can be adapted for price inquiries.

1. Floating direct RFQ or through concealed identity, if required.

2. Direct calling on vendors followed by email communications.

 

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