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Friday
March 22, 2013

6 Tips for Negotiating with Suppliers

Filed under: Tip of the Day

Negotiating … yeah, it can be daunting, especially if you’re a small distributor just starting out. But when dealing with suppliers, remember: You have the right to negotiate.

In an April management article, Counselor magazine offers some great tips and advice on how get your haggle on. Want to improve your negotiation skills? Then this article is a must-read. In the meantime, here are 6 tips for negotiating with suppliers:

• Vet Potential Partners
• Gather Information
• Narrow the Field
• Weigh Other Costs
• Put It All Out There
• Build a Symbiotic Relationship

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