By the way, I forgot to mention that in Supply Chain Management,Say purchasing raw materials, a company requires to sign a contract with some suppliers in order to provide those necessary materials for the production line...having said that, company will start to negotiate with potential suppliers . The next step is to assess the value and total price of those materials. If company decides to purchase all material from X company it will sign a contract...the suitable time for bargaining is exactly before this step where company managers try to reduce the deal price as much as possible in order to reducing the cost of production and increasing company's profitability.... ,
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