Planning for a Formal Negotiation
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Planning (Seller’s Perspective)
The most important planning activity for a seller is to submit the most responsive request for proposal (RFP) or request for quote (RFQ).
The negotiation planning activities should be driven by the proposal. The proposal is never complete in term of various cost components. The negotiation team should analyze the competitor’s strengths and weaknesses. The selling team should also analyze their proposal from the buyer’s point of view. The seller should then evaluate his or her own strengths and weaknesses.