article thumbnail

Consultative Selling Tips: How to Sell to Procurement Managers

Brooks Group

Procurement managers have a reputation for focusing only on price. This post describes how you can use a consultative selling approach to understand the unique buying agenda of procurement managers and sell more effectively. Understanding Procurement Manager Challenges Procurement managers are in a unique position.

article thumbnail

Struggling With Procurement?

Whetstone

Unfortunately, Procurement doesn’t! When you’re not allowed to differentiate your value and you are forced to compete solely on price, it can be difficult to close a sale, and if you do close the sale, you know it might not have been worth the effort. Here are four tips on how to effectively deal with procurement departments: 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top Tactics for Selling to a Buying Committee

Brooks Group

Their choices directly shape the direction of the procurement process and determine which solutions are selected. Key decision makers often include: C-Suite executives : High-level executives such as CEOs, CFOs, or CTOs who oversee strategic decision-making within the organization.

article thumbnail

How We Can Align our Corporate Strategy and Supply Chain Strategy

Flevy

Most organizations struggle to find a true strategic fit between their Corporate Strategies and their Supply Chain Strategies. For most organizations, they operate within a highly complex and globally interconnected Supply Chain. Aligning Supply Chain solutions to support the organization’s strategies has become increasingly difficult.

article thumbnail

Six Buyer Excuses and How to Respond

Revenue Storm

Remember, our mission is to find the other buyers and influencers and broaden our value proposition. 5: “The procurement process will be easy.” – It never is! Understand that procurement has a job to do, and they need to show their value in the process. Many deals have been stalled and then defeated by procurement.

article thumbnail

It’s All About Winning… but for Who?

Revenue Storm

Researching and developing a point of view on what we believe to be business value is crucial. When responding to a known need, maybe through an RFP/RFI process, the project and procurement team charged with selecting a supplier must be convinced. But what about when we are aiming to create new business value for our client?

article thumbnail

Biotechnology Industry Value Chain: Deep Dive

Flevy

Biotech organizations are at the forefront of developing groundbreaking therapies, genetically modified organisms, and sustainable industrial processes. Procurement secures essential resources, while technology development drives innovation. Support activities are equally crucial.