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We're here to help you find itAre you ready to master the art of ethical and responsible sourcing in supply chain management? Our Commercial Negotiation [L4M5] course is designed for professionals with over 2 years of experience in a business environment. In this 60-hour course, you’ll explore key approaches to negotiating commercial agreements, understand various negotiation styles, and learn to balance power dynamics. You'll also delve into Economic factors affecting negotiations and the stages of reaching agreements. This course offers practical applications, such as evaluating Costs and prices and using Persuasion methods, ensuring you're well-prepared for real-world negotiation scenarios. Elevate your procurement and supply skills with this in-depth learning experience.
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Classroom Training price is on request
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♱ Excluding VAT/GST
Classroom Training price is on request
You can request classroom training in any city on any date by Requesting More Information
To ensure you have the foundational knowledge needed to successfully undertake the Ethical and Responsible Sourcing in Supply Chain course (Commercial Negotiation [L4M5]), we recommend the following prerequisites:
This course is designed for professionals who want to develop technical skills, knowledge, and competencies that are highly valued by employers in the procurement and supply chain industry. If you meet these prerequisites, you're well-positioned to succeed in this program.
Introduction:
The Ethical and Responsible Sourcing in Supply Chain course is designed for professionals with 2+ years of experience, enhancing skills needed for effective commercial negotiations within procurement and supply.
Target Audience and Job Roles:
The Ethical and Responsible Sourcing in Supply Chain course offers in-depth understanding of commercial negotiations, focusing on key techniques, economic factors, and communication skills. Perfect for those with over 2+ years of business experience, this 60-hour course sharpens negotiation competencies essential in procurement and supply chain roles.
Understand key approaches in the negotiation of commercial agreements with external organisations:
Know how to prepare for negotiations with external organisations:
Understand how commercial negotiations should be undertaken:
This structured
Commercial Negotiation [L4M5] involves strategically discussing and agreeing on terms of business deals with the aim to achieve favorable outcomes. This integral skill in procurement and supply chain management requires understanding market dynamics, effective communication, and decision-making to optimize cost and value in transactions. Professionals often enhance these skills through specialized courses like a supply chain management course or certifications such as SAP SCM certification, which provide deeper insights into managing supplier relationships and improving negotiation tactics.
Economic factors in technology focus on how costs, supply and demand, market competition, and global economic policies influence technological growth and usage. In the context of supply chain management, understanding these factors is crucial. Courses like SAP SCM course or Oracle SCM training can enhance knowledge on how to optimize and adapt business processes in response to economic changes. Certifications like SAP SCM certification or SAP supply chain certification provide validation of expertise in managing complex supply chains efficiently amidst varying economic conditions, enhancing professional credibility and career prospects.
Costs and prices are the amounts of money required to purchase goods or services or the values assigned to them. Costs usually refer to the total expenditure including resources, materials, labor, and overheads that a business incurs in the production process. Prices are the figures that sellers set for their goods or services, influenced by market demand, competition, production costs, and profit goals. Efficient management of these elements is crucial in supply chain management to optimize profitability and efficiency. Professionals can enhance their understanding through courses like SAP SCM certification or Oracle SCM training.
Persuasion methods in professional communication are techniques to convince or influence others to adopt a specific viewpoint or take action. Effective persuasion involves understanding the audience’s needs and interests, and presenting arguments that resonate emotionally and logically. Key methods include establishing credibility, using data or evidence to support claims, leveraging storytelling to connect emotionally, and highlighting mutual benefits. These skills are crucial across various fields, including leadership, sales, marketing, and education, enhancing interactions and achieving desired outcomes.
Introduction:
The Ethical and Responsible Sourcing in Supply Chain course is designed for professionals with 2+ years of experience, enhancing skills needed for effective commercial negotiations within procurement and supply.
Target Audience and Job Roles:
The Ethical and Responsible Sourcing in Supply Chain course offers in-depth understanding of commercial negotiations, focusing on key techniques, economic factors, and communication skills. Perfect for those with over 2+ years of business experience, this 60-hour course sharpens negotiation competencies essential in procurement and supply chain roles.
Understand key approaches in the negotiation of commercial agreements with external organisations:
Know how to prepare for negotiations with external organisations:
Understand how commercial negotiations should be undertaken:
This structured
