Creating a Winning Negotiation Culture

Introduction:  Having strong negotiation skills within a purchasing group yields a multitude of benefits. Firstly, it empowers the team to secure more favorable deals, resulting in cost savings and increased profitability for the organization. Secondly, effective negotiation builds stronger relationships with suppliers, fostering collaboration and…

The Importance of Cultivating Strong Supplier Relationships 

Cultivating strong supplier relationships is essential for the success and sustainability of your company.  Strong supplier relationships can lead to better pricing, improved quality, reliability, and shorter delivery times.  Here are some strategies to help you cultivate and maintain strong supplier relationships: Clear Communication: Establish open…

Cost Savings Insights from Manufacturing Leaders  

Purchasing leaders and C-suite executives recently gathered to discuss what’s working and not working in the pursuit of cost savings in the current economic environment. A dozen leaders from manufacturing companies from a variety of industries recently shared their insights over two online executive roundtables. Below is…