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Passing the Price Gauntlet with Strategic Accounts

Holden Advisors

When it’s time to close the deal, procurement is introduced into the process and now runs the relationship and the deal – and they only focus on the price. Will procurement even care about the time and energy you and your team have invested over the past two years? Recently, I was interviewing a senior procurement executive.

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3 Best Sales Podcasts for Key Account Managers

Account Manager Tips

Subscribe: Spotify ITunes PlayerFM Best episode Josh is joined by Liston Witherill and they discuss sales negotiation tactics from the book Never Split the Difference: Negotiating as If Your Life Depended On It by Chris Voss, a former FBI hostage negotiator. What challenges are procurement facing?

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The Kraljic Matrix

Flevy

The procurement function in most organizations deserves more attention than it gets. Most executives associated with procurement lack the competencies and perspectives required to identify gaps and effectively manage the function. Collaborate with suppliers, or rivals, to manufacture critical components cost-effectively.

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Re-framing Procurement Negotiations: From Buying and Selling to Decision Making

5600 Blue

Over ten years ago, after having spent more than 20 years a salesperson, VP sales and sales consultant, we secured our first contract to provide negotiation training for the procurement arm of a major US airline. By Procurement Magazine Let the panic set in….clearly I felt like the proverbial fox in the hen house!

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The Benefits of a Collaborative Culture

Peter Simoons

You might see them, from a procurement perspective, trying to get the best deal for the company rather than a great deal for both parties. Companies with a collaborative culture tend to negotiate more based on the Getting to We * methodology.

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Collaborative Leadership?

Peter Simoons

In the past, external parties were predominantly suppliers. Dealing with them was generally undertaken by the procurement department. Elements such as on time delivery, quality and price were among the elements on which suppliers were selected. Focus has to be on “we”, which is about the company and its partners.

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10 New Capture Strategy Tips to Keep Clients & Avoid Competitive Bids

Account Manager Tips

Capture Strategy Tips A capture strategy identifies how to position organizations as the supplier of choice and convince clients to renew without considering alternatives. Suppliers submit proposals to provide them. Before you talk to the client, know your anchor price, walk away price and have a negotiation strategy.

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