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PROCUREMENT NEGOTIATION TRAINING.

Purchasing        Superpowers for Enterprise              Procurement Teams.

Purchasing is more than cost savings. RED BEAR’s Negotiating With Suppliers™ (NWS) gives procurement professionals the skills, tools, and behaviors to craft value-based supplier agreements that improve profitability, reduce risk, and strengthen supply reliability.

Designed for complex supplier negotiations and enterprise-scale impact.

THE IMPACT OF INNEFFECTIVE SUPPLIER NEGOTIATIONS

1% = 4% = 100%

Nearly 70% of a typical company’s revenue goes back out the door to its suppliers. A 1% reduction in those costs can increase profits by more than 4%. Every dollar saved in supplier negotiations falls 100% to the corporate bottom line.

NEGOTIATION IN PROCUREMENT AND SUPPLY

EMPOWER, TRANSFORM, GROW.

Our workshops focus on managing the tension inherent in every negotiation. Procurement teams learn how to move intentionally between competitive and collaborative approaches, using “healthy tension” to break deadlocks and create better agreements.

NEGOTIATING WITH SUPPLIERS™

Empower procurement professionals to transform their approach to negotiating more effective supplier agreements.

NEGOTIATING WITH SUPPLIERS 2™

Harness tension to build relationships both inside the company and with external partners, clients, customers, vendors, and others.

NEGOTIATING WITH SUPPLIERS 3™

Offers engaging negotiation simulations, case studies, discussions, feedback reporting, and team exercises for procurement professionals.

COACHING & REINFORCEMENT WORKSHOP

Provides managers with a number of tools to reinforce effective use of skills taught in NWS for lasting behavior change.

Have questions? Fill out our contact form and we will be back to you in no later than one business day.

Delivering Excellence In Procurement Training

 

RED BEAR Negotiation has won the 2024 Top Supply Chain Projects Award from Supply & Demand Chain Executive for the second year running, highlighting the significant impact of our negotiation training on profitability and reducing supplier costs. Learn how our innovative training is driving efficiency and success in the supply chain sector.

 

Read The Press Release

Top Supply Chain Project 2024

 

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"We started with a 25-person pilot of RED BEAR’s Negotiating With Suppliers™ (NWS) program and the impact that we saw was immediate, both quantitatively and qualitatively. NWS helped our people develop a common negotiation language and planning methodology that helped guide us around how to prepare for a negotiation and in turn, gave us a strong sourcing methodology we could leverage around the world.

Having the negotiation templates and training increased the amount of cost savings we realized as well as helped our team understand how you drive value from the negotiation. The pilot was so successful that this became the standard and we rolled it out globally."

Caldwell Hart – Chief Procurement Officer

NEGOTIATION TOOLBOX .

What if your procurement team had a proven negotiation model and a set of simple principles to guide them through each negotiation successfully? What if they had an intuitive framework to help them prepare for every negotiation? This is what Negotiating With Suppliers™ provides – a set of six negotiation principles, a negotiation model, a robust (but simple to use) planning tool, and five behaviors to make these come to life –all based on the solid foundation of Stanford University research.

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Negotiation Model

Every procurement negotiation operates across three critical dimensions. The Competitive Dimension helps procurement professionals protect and preserve their organization’s interests, including cost, risk, and performance requirements. The Collaborative Dimension enables negotiators not only to maintain, but to strengthen and enhance relationships with suppliers over time. The Creative Dimension acknowledges that healthy tension is a natural part of complex supplier negotiations; when managed effectively, that tension becomes a catalyst for creative problem-solving and breakthrough solutions, particularly during deadlocks. When procurement professionals master all three dimensions, the result is stronger agreements, clearer problem definition, and more effective, sustainable outcomes with suppliers.

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Negotiation Principles

Derived from Stanford University research, these six guiding principles are the "rules of the game" used by expert negotiators to navigate through each negotiation. These principles are at the heart of RED BEAR's negotiation process and form the basis for how negotiations get done.

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Negotiation Behaviors

These five behaviors (two competitive, three collaborative) guide sellers on "what to do and say" during a negotiation in order to apply RED BEAR's negotiation model and principles. When used effectively, they enable you to “operationalize” each dimension of the RED BEAR negotiation model.

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Negotiation Planner

This simple but robust planning tool serves as a framework for helping procurement professionals plan, organize and apply RED BEAR's negotiation concepts (the model, principles, and behaviors) to their real-world supplier negotiations. The tool helps ensure that buyers walk into each negotiation well-prepared and ready to negotiate. 

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