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How to improve your purchasing negotiations Training
Hands-on course
Best
- Program
- Participants / Prerequisite
- Intra/Tailored
Program
With this training course, you will enhance your purchasing negotiation skills through a specific method to prepare, exchange on best practices and work on negotiation behaviours.
PROGRAM
Negotiation and procurement process
- The 5 steps of purchasing process : define business needs, develop procurement strategy, evaluate and select suppliers, negotiate
- Identify the business requirement : standard or specific procurement, strategic purchases… and the consequences on negotiations
Fundamentals on purchasing negotiation
- Presentation of the negotiations steps
- Stakes and targets
- The different actors and their relationships
- The main families of strategies
Exercise
Each participant gives a briefing about a real negotiating situation. The other participants and the trainer help preparing the session.
Method for successful negotiations
- Check list for preparation : What is a stake?, Outline and prioritize objectives, Evaluate the balance of power, Analyse the mutual interest in negotiating, Prepare the arguments, Define strategy
- • Lead and manage the negotiation Order of presentation of clauses Understand the communication process: verbal and non verbal, Active listening and empathy, How to sell goals, Identify the suppliers’ strategies and tactics, Answering objections, Solutions to deadlock
- Close the deal : Moments and signs to conclude, Formalize an agreement, Open to the future
Case study
Different cases will be prepared with the methodology and tools discovered and performed. During the debriefing session, the trainer will focus en behavioral aspects
Identify your personal communication profile for better negotiations
- The different types of negotiators, Identify your own style
- Identify your personal communication profile: DISC assessment, VAK model
- Adapt your communication to the suppliers’ profiles
- Develop assertive behaviour
Exercise
Behavioral pattern to discover personal communication profile
Participants / Prerequisite
» Participants
Buyers, purchasing managers, anyone who needs to conduct purchasing negotiations
» Prerequisite
None
Intra/Tailored
Book your place
Submit your request
Time schedule
Generally, courses take place from 9:00 to 12:30 and from 14:00 to 17:30.
However, on the first day attendees are welcomed from 8:45, and there is a presentation of the session between 9:15 and 9:30.
The course itself begins at 9:30. For the 4- or 5-day hands-on courses, the sessions finish at 15:30 on the last day