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.
Overview
COURSE DIFFICULTY
COURSE DURATION
8m
Skills Learned
After completing this online training course, students will be able to:
Understand the Fundamentals of Price Negotiation
Identify Effective Negotiation Strategies
Analyze Market Trends to Support Negotiations
Prepare for Negotiation Scenarios with Key Stakeholders
Evaluate Outcomes and Learn from Negotiation Experiences
Procurement Professionals, Buyers, Supply Chain Managers, Business Analysts, Entry-Level Employees in Procurement
None
01. Introduction to Procurement and Price Negotiations
02. Key Concepts in Negotiation
03. Preparation and Planning for Negotiations
04. Strategies for Successful Negotiation
05. Post-Negotiation Analysis and Best Practices
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Understand the Fundamentals of Price Negotiation
Identify Effective Negotiation Strategies
Analyze Market Trends to Support Negotiations
Prepare for Negotiation Scenarios with Key Stakeholders
Evaluate Outcomes and Learn from Negotiation Experiences
WHO SHOULD ATTEND
Procurement Professionals, Buyers, Supply Chain Managers, Business Analysts, Entry-Level Employees in Procurement
PREREQUISITES
None
COURSE OUTLINE
01. Introduction to Procurement and Price Negotiations
02. Key Concepts in Negotiation
03. Preparation and Planning for Negotiations
04. Strategies for Successful Negotiation
05. Post-Negotiation Analysis and Best Practices