Negotiate with suppliers

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US No.  252267
NQF Level  05
Credits  12

Purpose:

This unit standard is intended for people who work in the buying/planning function of an organisation. They are responsible for setting the selling prices of stock for re-sale. Their negotiation could be for any reason such as price/deal negotiation, delivery, payment terms, designs etc.

Persons credited with this unit standard will be capable of:

  • Describe processes & principles used when negotiating with the suppliers.
  • Plan to negotiate with the suppliers.
  • Negotiate with the suppliers.
  • Review negotiation with the supplier.

Outcomes: 

  1. Describe processes & principles used when negotiating with suppliers.
  2. Plan to negotiate with the suppliers.
  3. Negotiate with the suppliers.
  4. Review negotiation with the suppliers.

Back to: Supply Chain Management > 2. Effective Communication in a Supply Chain Environment