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Negotiation with Suupliers , its impotance, main phases of Negotiatio Process and its principal Features

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Negotiation with Suupliers , its impotance, main phases of Negotiatio Process and its principal Features

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Uploaded on
May 7, 2022
Number of pages
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Written in
2021/2022
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What is a Negotiation?
A process whereby two parties, with differing
views initially, attempt to reach an agreement
on a common objective by the selective use of
different methods of persuasion.


People are not born good negotiators…

…these skills can be developed!!


Good negotiation skills can mean the
difference between success & failure!

ITC M7:U1:1.1-1

, A better negotiation
performance can lead to:
Lower overall cost of supply

Better quality, durability & performance

Shorter lead-times

Contracts that are implemented more effectively
& on schedule

Improved supplier reliability and service

Fewer disputes with suppliers

ITC M7:U1:1.1-2
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