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How to negotiate with a supplier ?

steps please

Purchasing Procurement Supply Chain
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Question added by Manoharan Vallamunji Kasinathan Vallamunji , Purchase Engineer (Supply Chain Management) , ITR MIDDLE EAST
Date Posted: 2014/03/16
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BAIJUMONE RASA
by BAIJUMONE RASA , Group planning and material control Manager , Aujan Coca Cola beverage company

1. Have  win win approach

2. Study on suppliers' price influencing factors for better and strong negotiations.

3. Current and future availability and demand of suppliers' products in the market.

4. Future potential price trends.

5. Availability of better aternatives for suppliers' product.

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