Commercial negotiating

DISTRIBUTIVE NEGOTIATION

DISTRIBUTIVE NEGOTIATION Distributive Negotiation occurs in the form of somebody winning and somebody losing. It’s a zero sum game. The key objective in distributive negotiation is to maximize our party’s share of value from a particular deal – regardless of the impact on future relationship with the other party. It is thus a ‘transactional’ (rather …

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TYPES OF SPECIFICATIONS WHEN CONTRACTING

TYPES OF SPECIFICATIONS WHEN CONTRACTING When you get into a Commercial agreement (contract), you are simply intending that the law enforce whatever it is that you as a party in that contract desire.  The success here will obviously depend on how you frame your specifications. But what are specifications? Or even types of specifications when …

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KEY PERFORMANCE INDICATORS (KPIs)

KEY PERFORMANCE INDICATORS (KPIs) What gets measured gets managed; this gives us an idea of how important it is to measure supplier performance. When we talk about supplier performance measurement, we mean assessing their current performance against; Defined performance criteria Previous performance Performance of other comparable organisations BENEFITS OF USING KEY PERFORMANCE INDICATORS (KPIS) The …

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