Kraken Business

Category: Growth Through Strategic Sourcing

Negotiate the right deal with suppliers

Dec 20, 2023

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Team Kraken

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Grow Your Business, Growth Through Strategic Sourcing

Negotiating the right deal with your suppliers doesn’t necessarily mean focusing on the cheapest possible price. You may want to negotiate other factors such as delivery times, payment terms or the quality of the goods. You may need to vary your approach for different negotiations. Factors to consider include who your supplier is, what alternatives…
Outsourcing

Nov 19, 2023

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Team Kraken

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Grow Your Business, Growth Through Strategic Sourcing

Outsourcing is when you contract out a business function – a particular task, role or process – to a third party over a substantial period of time. This third-party organisation takes control of the function and becomes responsible for its success. Outsourcing may save you money, help you be more flexible and manage growth effectively.…