About This Event
Duration: 1 Day
Course Delivery: Classroom / In-House
Language: English
Credits: 8
Certificate: Course Completion Certificate
Refreshments: Lunch, Snacks and beverages will be provided during the session

Course Overview:

This workshop equips procurement professionals with the essential negotiation strategies needed to secure better pricing, terms, and value when dealing with suppliers. Participants explore structured approaches to planning, executing, and evaluating negotiation outcomes while understanding supplier motivations, power dynamics, and market conditions.

The course emphasizes practical techniques, real negotiation scenarios, and tools that help individuals manage objections, analyze supplier proposals, and build win–win agreements. By the end of the program, participants will be able to lead procurement negotiations confidently, ethically, and strategically to deliver measurable value to their organizations.

WHAT YOU'LL TAKE BACK TO WORK

Key Takeaways

By the end of this training, you will be able to:

● Understand procurement negotiation essentials

● Develop clear negotiation strategies and priorities

● Evaluate supplier proposals more effectively

● Strengthen communication and influence techniques

● Manage objections and price negotiations confidently

● Build collaborative, value-driven supplier relationships

● Apply structured methods to close deals and review outcomes

Target Audience:

● Procurement officers & specialists

● Buyers and sourcing professionals

● Category managers

● Supply chain teams

● Contract managers & vendor management staff

● Operations and commercial professionals involved in supplier decisions

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Agenda

Module 1: Foundations of Procurement Negotiation

● Understand negotiation in a procurement context.

● Explore value, cost drivers, and supplier relationships.

● Recognize the elements of a successful negotiation process.

● Icebreaker Activity

Module 2: Planning & Preparation for Negotiation

● Define negotiation objectives and walk-away points.

● Analyze suppliers, market conditions, and risk factors.

● Build a clear negotiation strategy and priority list.

● Activity

Module 3: Communication & Influence Techniques

● Use questioning and listening skills effectively.

● Manage supplier tactics and influence outcomes ethically.

● Strengthen rapport-building and confidence in meetings.

● Role Play

Module 4: Value & Proposal Evaluation

● Compare supplier proposals using structured frameworks.

● Identify hidden costs, risks, and long-term implications.

● Translate procurement needs into measurable value.

● Case Study

Module 5: Handling Objections & Price Negotiations

● Respond to price pressure and rigid supplier demands.

● Apply concession strategies that protect organizational value.

● Use collaborative negotiation for long-term partnerships

● Simulation

Module 6: Multi-Stakeholder Coordination

● Work with internal teams to gather requirements.

● Communicate outcomes to decision-makers clearly.

● Manage expectations and align procurement goals.

● Group Brainstorm Activity

Module 7: Closing Deals & Post-Negotiation Review

● Finalize agreements confidently and ethically.

● Evaluate negotiation outcomes using structured tools.

● Build a follow-up plan to strengthen supplier performance.

● Action Plan Review

Corporate Procurement Negotiation Skills – 1-Day Training in Sydney

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