If you deal with vendors and suppliers on a routine basis, you know how hard it
is to bargain and negotiate agreements where everyone (and especially you!) walks
away satisfied. This essential course will give you the upper hand at the bargaining
table, and arm you with the right tools for getting lower prices, quicker delivery,
higher quality and better service.
While some people may be "born negotiators" who relish the entire process
and love wheeling and dealing, others (like you perhaps?) experience anxiety and
stress when sitting down at the bargaining table. Whether you're negotiating a major
deal for new office equipment, choosing a print shop that can get your job done
within your budget and your time constraints, or hammering out new terms and a contract
with one of your long-term suppliers, you'll get it all done more easily, swiftly
and positively with what you'll learn here.
This course isn't just lecture and theory … instead, it's packed with hands-on
exercises, lively discussion, and real-world negotiation case studies that lets
you practice your new skills under the watchful eye of your expert trainer. You'll
learn to map out strategies, develop a bargaining plan and come to the table prepared
to play — and win. You'll learn how to read your opponent's unspoken body
language, "get inside their heads" and decipher clues to help you gauge
their next moves. You'll learn to use your own non-verbal behavior to your best
advantage, and master persuasion techniques that guide others toward your way of
thinking.
You'll find out how to continue the dialogue when your opponent declares his/her
offer final, and learn how to negotiate for a host of other options when the seller
can't — or won't — budge on price. You'll discover how to negotiate
based on cost analysis and how to counter with creative alternatives when the seller
comes to you with a price increase.
Read Seminar Agenda
How to Bargain & Negotiate with Vendors and Suppliers Seminar Overview
Negotiation 101 — Bargaining Basics You Shouldn't Be Without
- Common myths and beliefs about negotiation — you'll be surprised at what you
don't know!
- "Solving the problem" and "maintaining the relationship" —
the 2 main directives of any negotiation
- The 5 classic negotiation approaches
- Understanding the 5-step cycle of negotiation and how it affects your outcome
Preparing to Succeed — Devise a Plan, Develop Your Strategies, and Play to
Win!
- How to choose the bargaining approach that's best for your situation
- 2 things that are required for a win-win to take place
- The differences between an RFP and an RFQ — and how to use these in your bargaining
efforts
- Alternative sourcing — how to use this buyer's weapon to your advantage without
shutting down negotiations
- 4 different bargaining personalities and how to handle them when you're negotiating
face to face, by telephone, and through e-mail
- BATNA: What it is, and why it's absolutely critical to your buying strategy
Back to Seminar Overview
It's Your Move — How to Strengthen Your Position and Stay in Control
- Your next move when the seller says, "That's my best offer … take it
or leave it!"
- When the seller can't — or won't — budge on price: Here's a valuable
checklist of things you can and should negotiate on
- Creative bargaining alternatives: how to respond when a price increase is inevitable
- A simple way to figure cost analysis
Use These Tools and Techniques to Gain the Upper Hand and Come Out a Winner!
- When you can't meet in person: tools, techniques, and methods for negotiating electronically
- Learning to "listen between the lines" and quietly build your case
- What motivates sellers? What are they really thinking? Insider information to help
you understand "what's inside their heads" and use it to your advantage!
- Tips for coming on powerfully and assertively without being seen as an aggressor
- When talks fall apart and negotiations "hit a wall" — here's how
to break deadlocks and move forward
- Negotiating the contract: Don't get tangled up in the fine print
- Essential terms and conditions you'll want to include on every contract
Back to Seminar Overview
Fred
Pryor Seminars and CareerTrack are registered with the National Association of State
Boards of Accountancy (NASBA) as a sponsor of continuing professional education
on the National Registry of CPE Sponsors. State boards of accountancy have final
authority on the acceptance of individual courses for CPE credit. Complaints regarding
registered sponsors may be submitted to the National Registry of CPE Sponsors through
its website: www.learningmarket.org.
This course qualifies for 6 Management CPE credits. Already attended
this course? You can obtain a certificate documenting your CPE credits by visiting
our certificate page. Certificates
will be available 10 days after your event has ended. You can find more information
on CPE credits, including a complete list of eligible courses, in our
FAQs.
To find out more about How to Bargain & Negotiate with Vendors and Suppliers,
contact our customer service department at customerservice@pryor.com
or by phone at (800) 780-8476.
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