Procurement Basics: Price Negotiations

Welcome to the “Price Negotiations” lesson designed to help learners prepare to negotiate deals during procurement. This lesson is the third of five in the “Procurement Basics” course, which explores how procurement should meet the needs of the business and the processes that surround production and inventory planning. After viewing this lesson, learners will understand the benefits of allowing some silence, preparing beforehand, and gaining insights before bargaining to create a deal that works for all parties.