Joe Humphries’ Post

Nearly 70% of the average company's revenue is spent on suppliers. Even a slight improvement in contract terms can translate to millions in savings, directly impacting your company's bottom line. That’s why supplier contract renegotiation is so important. 🐻 🤝 Take a deeper look at contract renegotiation strategies that work in our latest blog post: https://hubs.li/Q02RdS4x0 #negotiation #negotiationskills #sales #procurement #salestraining #training #development #business #supplychain #teamwork

Never underestimate the power of negotiation, it matters not just in business but in our everyday lives as well. Have a blessed week ahead. #negotiations #quotes #procurement #procurementmadeeasy

Negotiating better terms with suppliers can make a real difference to your bottom line. Businesses that actively manage their supplier relationships can often achieve cost reductions of up to 15%. It’s not just about cutting costs, it’s about building strong, collaborative relationships that work for everyone involved. How are you approaching supplier negotiations? #supplychain #strategicgrowth #growthstrategy #digitalenablement

𝐍e𝐠o𝐭i𝐚t𝐢o𝐧 𝐏o𝐰e𝐫 3 Positions try to avoid before negotiating with a supplier See the Video from the link below 👇🏼 https://lnkd.in/d9c-uv68 #Shady_Aljacky #Procurement #Purchasing #Negotiation #Supplier #SRM #Power #SCM

Market changes and supplier issues demand contract renegotiation. Learn the strategies to master this process and protect your bottom line here: https://hubs.li/Q02SS4gZ0 #negotiation #negotiationskills #sales #procurement #salestraining #training #development #business #supplychain #teamwork

Check out our recent article on why having a winning supply contract is critical to delivering a successful sourcing strategy. Our keys to success include using your own contract template (not the suppliers), clearly defining commercial terms & including performance measures & targets. Enjoy!!

Negotiating better terms with suppliers can make a real difference to your bottom line. Businesses that actively manage their supplier relationships can often achieve cost reductions of up to 15%. It’s not just about cutting costs, it’s about building strong, collaborative relationships that work for everyone involved. How are you approaching supplier negotiations? #Supplychain #suppliernegotiations #costoptimisationforgrowth

Negotiations are a game of strategy, and when it comes to your carrier contracts, the stakes are high. 🤑 Discover the 3 critical success factors that can lead to a winning outcome in your next carrier contract negotiation. Read the full blog post: https://hubs.la/Q02C9zN50 #parcelshipping #carriercontracts #negotiations #logistics #supplychain #parcelmanagement