article thumbnail

Negotiating Techniques for Construction Procurement

SIPMM Professional Publications

As a professional purchaser, negotiation skills will place one at an upper hand. Besides interacting closely with the suppliers for various deals, apurchaser has to negotiate effectively with potential suppliers to get the required goods at favourable pricing, within a given working budget.

article thumbnail

Maximize Ecommerce Supplier Relationships

Ship Monk

When was the last time you thought about your business’ relationship with its suppliers? The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both.


Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supplier Relationship Management: Expert Guide for Field Service


Supplier Relationship Management (SRM) is a critical component for field service organizations looking to optimize their operations and ensure the highest level of quality and efficiency in their supply chain. What is Supplier Relationship Management (SRM)?

article thumbnail

Building Strong Supplier Relationships in the Oil and Gas Industry: The Key to Successful Procurement


Photo from: [link] Building Strong Supplier Relationships in the Oil and Gas Industry: The Key to Successful Procurement The oil and gas industry is a complex and dynamic industry that relies heavily on procurement to ensure the delivery of goods and services that support its operations. Developing Strong Supplier Relationships A.

article thumbnail

Controlling Supply Chain Cost for Sustainable Growth

Blue Grace Logistics

This enables businesses to leverage economies of scale, negotiate favorable freight rates, and access value-added services like warehousing, transportation, and order fulfillment. A knowledgeable 3PL brings industry expertise, specialized infrastructure, and established networks.

article thumbnail

Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022


Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes. This was followed by heavy rainfall that flooded which caused lumber companies to scale back production, leading to a rise in the prices of wooden products in the United States. Schedule Demo.

article thumbnail

Supply Chain Experts Say Costs are Falling

Logistics Business Magazine

Long-awaited price deflation is now happening, says international procurement and supply chain management consultancy INVERTO, part of Boston Consulting Group. Those businesses that are unable to cut prices in line with the rest of the market could lose out significantly. They need to get back to doing that and quickly.”