|
|
Printing
Services
|
|
|
You can standardize most forms, no matter how customized they seem.
This will
reduce costs and maintain the consistency of your materials.
Points to consider:
- Make sure you understand the processes, materials and equipment
needed to
produce your job. It is not enough to get 2 or 3 quotes.
- Planning and better management of inventory reduces the amount
of material
that will become obsolete and allows buying at better prices.
If you buy under
time pressure, you will have less flexibility in choosing
suppliers and will end
up paying more.
- Charges for storing and releasing materials are negotiable.
|
|
|
Capital Equipment / Major,
One-Time Purchases
|
|
|
You have the money. When it seems like there is only one way to meet your
needs, dig deeper. You will become a more effective negotiator if you can create
a viable alternative.
Points to consider:
- In addition to negotiating price, consider financing and contract terms
carefully. You may be in a better position to negotiate price if you negotiate
financing with your primary lending institution.
- If you sign a lease, make sure you revisit terms -- maintenance charges,
equipment buyout, termination and equipment return fees -- after you have
established a usage history.
|
|
|
Temporary Staffing
|
|
|
Pay attention to the skills you need, not by the qualifications of the people
the temp agency has available. Don't pay for an accountant when you need a
billing clerk.
Points to consider:
- Agencies make a markup on the temporary employee's hourly wages.
The markup
includes taxes and the agency's profit margin.
Taxes are not negotiable, but
margins are.
- After three months, the markup should decrease because the agency
has covered
its up-front costs.
- If you are doing significant repeat business, consider making temporary staff
permanent.
|
|
|
Information
Technology
|
|
|
No matter how tight the IT labor market may seem, don't underestimate your
purchasing power - negotiations take place in this area, too.
Points to consider:
- Don't specify more than you really need. It is easy to be sucked in by the
next, best thing.
- Be careful about paying a premium for the first products on the market.
"First movers" often don't last, and adjusting to competing standards
may add costs in the long run.
- IT is not just computers and software. Consulting services, training, and
installation can all be negotiated.
|