In turbulent times the typical procurement response is to take a short-term View web version From CIPS and Supply Management Industry Insights Hi there, In turbulent times the typical procurement response is to take a short-term, blanket view of all suppliers – negotiating the best prices to improve the company’s working capital. Suppliers will have a similar motivation to protect their own interests – thereby putting a strain on the buyer-supplier relationship and creating elevated risk through excessive demands for cost or payment term improvements. In our upcoming webinar, hosted in partnership with GEP, we will discuss a program for working with suppliers in ways that will help both sides successfully manage these uncertain times and emerge in a more favorable long-term position. Tune in on 30th July at 3:00pm BST to learn: The right tactics for strategic/critical suppliers and for operational/transactional suppliers Risk assessment guidelines for both categories of suppliers How to make a smooth transition from a short-term, cost savings focus to a longer-term, cost advantage goal Save my spot If you can’t tune in live, the webinar will be available to watch on-demand after it has taken place - sign up here to be notified when the webinar goes on-demand. We hope you can join us, Supply Management Insider This email has been sent to [email protected] If you would like to unsubscribe from further email communications from CIPS and Supply Management, please click here. Registered office: The Chartered Institute of Procurement and Supply, Easton House, Church Street, Easton on the Hill, Stamford, Lincolnshire, PE9 3NZ. Privacy Notice.