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Formal Buyer/Supplier Negotiation

  • Writer: Patricia Mankin
    Patricia Mankin
  • Nov 11, 2022
  • 1 min read

Course of study: Global Sourcing and Supply Management

Date: 4/19/22


Our team played the role of the seller (Technutronics) and negotiated with the buyer (Pronto) on the sale of “New Prod.”

  • In response to an RFQ from Pronto, our company (Technutronics) submitted a quote to produce 200,000 units of New Prod for the buyer Pronto.

  • Pronto has scheduled a meeting with our team on Tuesday, 04/19/22, to discuss the quote.

  • Porto counter-offered us a quote of $5.90 per unit plus $40,000 for tooling.

    • Unique and complex processes needed to product

  • Long time customer of ours


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