Purchasing and supply management-vendor negotiations

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Reference no: EM131034508

Purchasing and Supply Management- Project Overview (please cite references)

Vendor negotiations:

• What types of questions do you ask a potential vendor to ensure the right relationship between the two of you and the right fit for your organization?

• Even when you have settled on a particular vendor, what are the advantages of establishing relationships with other vendors competing with the one you selected?

• What are the benefits of keeping the vendor involved with your business and its evolving needs?

• How might a vendor scorecard be an advantage in negotiations? What kind of information would your scorecard contain?

Reference no: EM131034508

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