Negotiation Advisory
Get insights on planned approaches and techniques that can aid in influencing negotiations to reach a mutually satisfactory agreement
Contact usHow your business benefits
Save time and resources
- The actual negotiation process and research for it are time consuming
- Engaging in negotiation advisory services can save time and resources, which can be used to focus on core responsibilities
Maximize value
- Aids in identifying opportunities such as cost savings, favorable contract terms, or added incentives to maximize company’s value
- This increases clients’ confidence and bargaining power as well as maximizes the value derived from negotiations
Reduce cost
- Negotiation advisory services offer long-term cost savings by identifying ways to reduce expenses, improve terms, and secure favorable deals
- Data thus generated can be used to negotiate for better pricing and payment conditions
Improve outcome
- Improve project outcomes by engaging with suppliers on the terms and conditions that are most suitable for the companies
- When engaging in such contracts, suppliers will have better control over the procurement process
Why choose SpendEdge?
Improve negotiation techniques
We help our clients develop a comprehensive negotiation strategy by analyzing market conditions and industry standards as well as assessing their goals and priorities. Such data-driven negotiation advisory services aid clients in improving their preparedness and bargaining power. We also identify potential risks, offer counterarguments, and devise strategies to overcome obstacles
Find the best-fit suppliers
We evaluate supplier capabilities, reputation, and pricing so that our clients can ensure they are engaging with the best-fit vendors. We also offer details on quality standards and payment terms, among others, to strengthen their negotiation power. These data will help you engage with reliable suppliers
Strengthen and define requirements
Our comprehensive insights empower your procurement experts to make smart supply chain negotiations possible. We also offer real-time insights into competition, supply chain trends, contract terms, and price points. The SLAs and KPIs thus generated will help to strengthen and clearly define performance requirements and improve quality.
A win-win situation
Our team of 550+ analysts can help generate data based on comparative analysis of market trends, the latest innovations, and pricing structures with competitors or industry standards. This data can help you to reach a fair deal, which can be the foundation for a productive and lasting relation with your suppliers
Featured Case Study
How SpendEdge Helped CPG Giant Streamline Contract Manufacturer Selection Process
Challenge: Faced with intense competition and the need to improve profit margins, our client turned to SpendEdge for assistance in overcoming their business challenges. One of the main strategies involved migrating cost-intensive operations to low-cost destinations.
Solution: Our team at SpendEdge assisted the client in streamlining their contract manufacturer selection process. Leveraging our expertise and market research methodology, we identified key contract manufacturers for the client’s ready-to-eat product line.
Result: The client successfully addressed their business challenges and achieved improved profit margins and reduced operating costs. All the while, also enhancing product quality and expanding manufacturing capabilities.
Talk to One of Our Experts
We help to ensure you engage with suppliers with unique expertise with the most fair agreement terms, thus adding value to your business
Talk to Our ExpertsInsights
Category Intelligence
Gain insights related to your key spend categories, ranging from important updates, outlook, and engagement models, to in-depth supply-chain risk analysis.
Supplier Intelligence
Improve supplier selection decision making and supplier relationship management through our services covering supplier identification, supplier updates and alerts, and risk and sustainability analysis.
Strategy Support
Improve strategic decision making through our services related to negotiation advisory, best practices, risk mitigations, supplier KPIs and SLAs, and cost optimization mechanisms.
Category Cost and Pricing
Keep a close look at price movements and forecasts for key commodities and the impact of different cost drivers to formulate effective cost reduction strategies.