Procurement negotiated 5% off. The drawing had already chosen the supplier.
Most of what a business pays for a category is decided long before anyone asks for a quote, usually by someone who has never negotiated anything.
SBy Steve··5 min read
A familiar sequence: a category comes up for renewal, three quotes are gathered, the incumbent sharpens their pencil, and the buyer books a saving of four or five per cent against last year. The saving is real. It is also almost the only variable that was still open by the time the buyer got involved. The requirement had already named a brand, or specified a tolerance only one manufacturer holds, or described a deliverable in the vocabulary of the firm that wrote the last one. By the time the request…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.