"Contract Renewal: What Conversations Do You Need to Have with Your Supplier?"
Presented by: Kim Cullen- BidNet Direct by SOVRA
The unprecedented shift in market conditions and supply chain have escalated the need to embrace change and flexibility in the contracting process.
Learn how you can leverage your category knowledge to identify businesses or sectors that are most at risk during this period of high inflation. We will explore the typical areas affected most: metals, energy, livestock and foods.
We will discuss how to navigate renegotiation of contract terms with new and exisiting suppliers who are experiencing a shift in the supply chain. The rising costs put both buyers and suppliers in a tough position but there is an opportunity to strengthen relationships with suppliers.