oboloo Glossary

Contract Negotiation

Contract Negotiation

Contract negotiation is the process of coming to an agreement on the terms of a contract. This can involve negotiating the price, the terms of the agreement, or both. The goal of contract negotiation is to come to an agreement that is acceptable to both parties involved.

There are a few things to keep in mind when engaging in contcontract negotiation. First, it is important to be clear about what you want. It is also important to be realistic about what you can achieve. Second, you need to be prepared to compromise. There needs to be some give and take in order for a successful negotiation to take place. Finally, it is important to be patient and allow the process to unfold naturally.

If you are unsure about how to approach contract negotiation, there are a number of resources available that can help. There are books, articles, and even online courses that can provide guidance. In addition, there are professional negotiators who can assist with the process. No matter what route you decide to take, the most important thing is that you remain calm and focused throughout the entire process.

Want to find out more about oboloo?

Find out how oboloo can give you visibility and control over every part of your procurement process

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Menu

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2023 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971
Skip to toolbar