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India

Working with Indian partners. Practial tips.

Author: Pankaj Saluja Indian economy after COVID19 lockdown. Study and execute opportunities! China is a well established source of many materials for European companies. Advantages and disadvantages of China are well known. India was the EU’s 10th largest partner for imports (2% of total extra-EU imports) and the 11th largest for EU exports (2% of…
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Negotiation

First negotiation, then mediation. Part 2

Author: Monika Bis Part 2 In this blog we are taking closer look to recurring negotiations. Situation, when after signing a contract with supplier both sides face crisis in implementing it. Procurement professionals are again engaged to help business. In Part 1 of this blog we described business case with media house negotiation and “my…
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The purchasing strategy and supplier dependency

In the book „The Everything Store: Jeff Bezos and the Age of Amazon” written by Brad Stone, Amazon’s employees compare trade on the company website to addiction to heroin. When product sales gains momentum sellers fall into euphoria, then into addiction but when Amazon starts to reduce margins comes self-destruction. According to Kerry Morris vendors…
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Harvard negotiation model - what is it about

Harvard negotiation model – what is it about?

The Harvard negotiation model somehow changes the traditional approach to negotiating talks, in which the finale is based on the win-lose principle. For the Harvard model, the trend is focused on the win-win model. Where did the Harvard model of negotiations come from and what is its genesis? What principles are the negotiators following the…
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webinar

Digitization of purchasing processes – 3 reasons why you should digitize purchasing

The future of shopping is digitization. There is no escape from this process. Modern technological tools, which have been used for years in many areas of business operations, also enter the area of ​​purchasing and relations with suppliers with a tremendous amount. Why is the digitization of purchasing processes important? What are the most important…
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5 popular negotiation strategies part 2

In the previous post we discussed the topic of negotiating strategies and their general characteristics and differences between negotiation styles. In the article below, we develop this thread with a descriptive explanation of what specific negotiation strategies are. Do any of them match the strategies you choose? Or maybe you want to identify your style…
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What is the Eveneum Method?

There are many effective solutions out there, but they are usually costly and time-consuming. The Eveneum Method is different. In keeping with the newest trends and the evolving needs of the modern international market, we have crafted a single, simple way of managing the supply chain that stems from our experience gained at numerous international corporations.

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