Initiate Negotiation
Start a new negotiation with a vendor based on an existing RFQ or auction
Source & Vendor Details
Pricing Strategy
Not shared with vendor. Used to track negotiation success.
Line Items - Target Prices
| # | Item Description | HSN Code | Qty | UOM | Vendor Price (₹) | Target Price (₹) | Counter Offer (₹) | Variance |
|---|---|---|---|---|---|---|---|---|
| 1 | Fume Hood - 4ft Standard Cat: FH-400S, LabChem Make |
8414.80 | 3 | Nos | ₹2,85,000 | -8.8% | ||
| 2 | Lab Workstation - Island Type Cat: WS-ISL-200, Epoxy Top |
9403.20 | 5 | Nos | ₹1,25,000 | -10.4% | ||
| 3 | Chemical Storage Cabinet Cat: SC-200PP, Polypropylene |
8419.89 | 4 | Nos | ₹68,500 | -12.4% | ||
| 4 | Emergency Shower & Eyewash Cat: ES-100C, SS 304 Body |
8424.89 | 2 | Nos | ₹42,500 | -10.6% | ||
| 5 | Reagent Shelving Unit Cat: RS-100W, Wall Mounted |
9403.20 | 6 | Nos | ₹18,000 | -13.9% |
Negotiation Points
Select the aspects you want to negotiate with the vendor.
Negotiate base pricing for individual line items and overall order value
Request warranty extension beyond standard 12 months to 18-24 months
Reduce delivery timeline from 8 weeks to 5 weeks or less
Negotiate Net 45 payment terms instead of standard Net 30
Request tiered pricing for annual purchase commitments
Strategy & Team Internal Only
AK
Anita Kumar - Lead Negotiator
DS
Deepa Sharma - Category Specialist
RK
Rajeev Krishnan - Technical Expert
PM
Priya Menon - Finance Analyst
AP
Arvind Patel - VP Procurement