Why renegotiate, why now?
Module 1 of the “Finance, Management Control & Procurement” course – Also available individually
In a changing economic climate, where inflation directly impacts your procurement costs, knowing when and why to renegotiate supplier discounts is no longer an option but a strategic necessity. This 100% online module provides you with the keys to understanding the growing importance of renegotiation in the Procurement function.
What you will learn:
• Why the current economic climate requires a review of supplier conditions
• What are the concrete impacts on your margins and profitability
• The hidden levers you can activate to unlock value
• How a proactive approach puts you in a position of strength
This module can be followed independently by anyone involved in managing or optimizing supplier relationships, or as part of the complete “Finance, Management Control & Procurement”, for a comprehensive and consistent skills development.
Ideal for:
• Procurement Managers
• Management Controllers
• Professionals in charge of calls for tender or framework contracts
• Anyone wishing to move beyond simple order management to adopt a strategic stance towards suppliers.
