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7 tips for successful deal making

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Deal making is like a tug of war. The savvy supplier is pulling from one end, to squeeze the best deal out of you, and the procurement team is on the other side pulling harder to save your company every dollar possible. Being that there are seven stages in a procurement deal making process: preparation, opening, testing, proposal, negotiation, agreement, and closure, it can be difficult to have full control over the deal making process and swaying the outcome to your advantage. Deal making...

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