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(41) HOW TO NEGOTIATE WITH

VENDORS & SUPPLIERS

                                        

                                                KUALA LUMPUR    l 11-12 December 2008

Learn the WHAT, WHY, WHEN, WHICH, HOW and WHO on Negotiation with Suppliers and Vendors!

Those who wish to horn their negotiation skills and techniques will find this program very useful and practical to enhance their careers.

Participants will learn to prepare for negotiation and implement an appropriate effective negotiation strategy. The role play will provide a practical session for participants to put into practice what they have learnt about purchasing negotiation in the life atmosphere.

KEY BENEFITS OF YOUR ATTENDING

  1. Learn the tactics and strategies for negotiation

  2. Understanding the needs, wants, facts and assumptions to achieve your objectives

  3. How to leverage your negotiation position as a negotiator

  4. Horn your skills and sharpen your techniques

  5. Learn how to deal with conflicts and deadlocks

  6. Review issues and obstacles to resolve problems confronting the process

WHO SHOULD ATTEND

  • Purchasing/Procurement Officers, Executives & Managers

  • Others who wish to learn how to deal with suppliers and vendors

COURSE OUTLINE

Defining Negotiating Goals, Stages and Effects

□  What is negotiation?

  Strategic negotiating issues

  Who are the suppliers and vendors

  Negotiating framework

  Review the 6 rights in purchasing practice

  Understanding the types of price when negotiating

 

Understanding the Other Party, Negotiating for Mutual Gains

□  Negotiating objectives

  Identify the importance of each objective

  Barriers in negotiation

  Needs vs wants

  Facts vs assumptions

  Work examples

  Exercises

 

Negotiation Skills, Rules, Tactics and Strategies

□  The negotiators’ personality, positional or as principle negotiator

  Separate people from the problem and focus on agenda

  Types of tactics and strategies apply

  Effective negotiation approach

 

Communicating Styles and Practices

□  Using behaviour technique

  Using power technique

  Using situational approach

  Using ploy to play game

  Psychological approach

 

Planning and Preparing for the Negotiation

□  Six Step Process

  Using Questioning Technique

  Use of Body Language

  Listening technique to uncover hidden meaning and agenda

 

How to Handle Constraints, Objectives, Urgency Control and Handling Conflicts

□  The mapping process

  The complexity of the negotiation process

  What are the constraints, objectives and conflicts and how to handle them

  What are the key supplier’s style?

  Recognise your opponent style

 

How to Negotiate Terms and Conditions of Contract

□  Reasons for having conditions of contract

  Basic ingredient of a contract

  Conflicting terms

  Warranties and Force Majeures

  Price Negotiation and Purchase Agreement

 

Negotiator’s Role – Purchaser as Chief Negotiator

□  Negotiation team

  The team leader

  Initiate and develop a proposed plan

 

Negotiation Analysis

□  Determine and assess the situation

  Review the deadlocks

  Prepare for alternatives or concessions

  Follow up

 

Summary

 

COURSE TIMINGS

8.30am             - Registration (Day One)

9.00am             - Program Starts

10.30am           - Coffee Break (15 minutes)

12.30 - 1.30pm  - Lunch (provided)

3.00pm             - Tea Break (15 minutes)

4.30pm             - Program Ends

 

YOUR EXPERT COURSE LEADER

 

Allan Ang is a senior trainer and consultant specializing in Purchasing, Warehousing,  

Inventory Management, Logistics & Operation Management and Supply Chain 

Management.

 

He has more than 25 years of working experience in manufacturing, store, logistics, supply 

chain and material management with several multi-national companies.  He conducts 

regular workshops and in-house programs relating to Production and Inventory Control, 

Store, Warehousing, Supply Chain Management for companies in Singapore, Malaysia, 

Indonesia, Thailand and China. He is also a seasoned resource speaker at regional conference 

and international meetings.

 

Allan has been involved with international purchasing, multi million dollar negotiations

contracts, cost reduction exercises, inventory planning and controlling, warehousing  

and distribution functions.

 

Organizations which have benefited from Allan’s training expertise include Jusco Jaya Sdn 

Bhd, Singapore Manufacturer’s Federation, Maruwa Sdn Bhd, Matsushita Electric Asia Pte Ltd,

PT Total Mega Inovatif Progress, Purchasing & Supply Chain Management Association of 

Thailand, Mac Works Sdn Bhd and First Silicon Sdn Bhd.

 

Allan currently serves as President for the Institute of Industrial Engineers Singapore and the 

Institute of Engineering Technologists. He is also a fellow of the Institute of Logistics and 

Transportation (UK).

 

COURSE FEES

RM1,595 per person

 

TEAM DISCOUNT (For organisations sending 3 or more participants)

RM1,395 per person

 

REGISTRATION DEADLINE

5 December 2008.

Click here to register

 

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