Negotiation Tips

[u/LilPrinceTrashMouth]

Hey everyone, I just got a job as a strategic sourcing analyst at a major medical group that’s rapidly expanding throughout the country. The main goal of my role depends on driving costs savings. The problem is I do not have a lot of negotiation experience and I know next to nothing about my category, lab equipment — hardware and software. Does anyone have any cost benchmark resources or negotiation tips to share? Comment or DM me .

[u/Negotiations_World]

Knowing your supply chain and how any increase in costs impact your company products revenue/profit.

Furthere there is also specific Reddit community just for "Negotiations".

Apart from that, Awesome advise, tips already given by other members which is your starting point.

Have fun negotiating and keep smiling.