article thumbnail

The Basics of Negotiation – Planning

Oxford College of Procurement and Supply

Across all these aspects of procurement we will find ourselves having to negotiate. Negotiation can take place at the beginning of the procurement cycle where the need for a purchase is established through to the last stage where the need is being reviewed. Finally, what approach is best suited to the negotiation?

article thumbnail

Doing Deals: Challenges in Negotiations

The Procurement School

Author: Larry Berglund Negotiation competencies are a must in procurement. Whether in the private or public sector, you are always negotiating. Not easy to justify moving from one ERP to another IT service simply because you couldn’t find ways to negotiate better value. Multiple party negotiations?

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The Truth Behind Truth in Negotiations Requests

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. The policies and procedures of clocking in are critically important for employees to remember. We can help!

article thumbnail

Switzerland will remove tariff duties on the importation of industrial goods

Import and Trade Remedies

As of 1 January 2024, Switzerland will abolish its industrial tariffs on the import of industrial goods. Consumers should also benefit from the measure as import duties are still currently levied on various consumer goods such as cars, bicycles, personal care products, household appliances and clothing.

Import 45
article thumbnail

What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

Ethical procurement is becoming increasingly important in our ever more complex, interconnected, and global economy. In this post, we explore what ethical procurement means and why it is so important. Why is Ethical Procurement Important? What is Ethical Procurement? What are the Challenges to Ethical Procurement?

Ethics 52
article thumbnail

Importance of Cultural Awareness in Global Public Sector Contracts

Public Contracting Institute

In the dynamic realm of global public sector contracts, the essence of cultural awareness transcends mere compliance; it’s a pivotal catalyst for fostering effective communication, enhancing negotiation prowess, and ensuring equitable service delivery across diverse populations.

Import 52
article thumbnail

What is Strategic Sourcing and Why is it Important?

Oxford College of Procurement and Supply

In this post, we explain what strategic sourcing is, why it is important and how it can be implemented. Why is strategic sourcing important? Strategic sourcing is important because it helps companies to reduce overall costs over time. The post What is Strategic Sourcing and Why is it Important? What is strategic sourcing?