Another topic has gotten a great deal of feedback in the Strategic Sourcing & Procurement Group on LinkedIn. A member asked:
“Is post tender negotiation acceptable? To what extent? Please share from your experiences what are the advantages and the risks of conducting a negotiation after a sealed-bid tender.”
Touchy subject to say the least, so the [...]

[Read more →]

Last week in the Strategic Sourcing & Procurement Group on LinkedIn, a member posed the question “How do you negotiate with a sole source vendor?“
Needless to say, there are lots of opinions and approaches to this common challenge. So, I thought it would be worth while to share some of the responses from the Group [...]

[Read more →]

Next Level Purchasing officially unveiled their new SPSM2 purchasing certification today (after several weeks of Charles Dominick teasing twitter followers about an upcoming major announcement). Designed as a follow up to SPSM Certification, the new coursework focuses on “processes that are becoming more significant in the purchasing field - international procurement, advanced negotiation, and managerial [...]

[Read more →]

I recently wrote about the dollar gaining strength and the plummeting price of steel. It’s a welcome change after years of hearing a broken record on direct materials…higher prices…higher prices…higher prices…
Naturally, when purchasing power goes up and prices go down, buyers want to act on the opportunity, and many ask “is now is the time [...]

[Read more →]

One of the best regular features in Purchasing.com is their monthly Black Belt Negotiators column. Great advice on playing hardball while improving relationships. July’s edition dealt with improving supplier performance management (SPM) and focused on how a security products manufacturer has begun keeping score on their suppliers’ price, delivery, cost, quality and service.
The most interesting [...]

[Read more →]