Why Effective and Strategic Negotiation Is Critical in the Manufacturing Industry
Even in the manufacturing industry, negotiation is required in almost every stage of procurement — from supply chain management to regulatory compliance, process efficiency, and packaging.
The industry is facing challenges, both internally and externally. Negotiation remains a critical capability for organizations that need to get raw materials in the door and finished goods on trucks for delivery.
Enabling those in the manufacturing industry to narrow the gaps in cost savings, strengthen partnerships, and stay competitive is The Maker Group’s specialty.
As a team of negotiation experts, we’re here to help you take your negotiations from good to great.
The Maker Group: Consulting and Advisory Support for Addressing Challenges in the Manufacturing Industry
Tackle even the most complicated negotiations with the consulting experts at The Maker Group.
When you work with us, we’ll develop strategies and tactical plans that provide you with the tools to execute critical procurement negotiations confidently. You can depend on our experts to show you functional and relevant best practices that secure value and maximize external outcomes in every negotiation.
Our goal is to provide your team with the resources they need to intelligently plan and execute effective negotiations through our bespoke negotiation consulting services.
The Maker Group’s consultants will equip you with the tools you need to help your team focus on the following areas:
- Negotiation strategies that include options, alternative paths, risks, and outcomes
- Strategic thinking and preparation
- Communication and relationship strategy
- Transition, detailed plans, and deliverables
- And more
If you’re ready to learn more about consulting services at The Maker Group, click here or contact us today.
How The Maker Group Consulting Can Help Manufacturing Teams Ensure Negotiation Success
The Maker Group specializes in negotiation consultancy and training. Our top concern is teaching your negotiation team how to maximize profitability, strengthen partnerships, and empower employees through vigorous advancement of their negotiation skills.
Manufacturing companies can rely on our consultants to help in the following ways:
#1: Processes & Infrastructure Development
We’ll approach your company’s needs from a grassroots perspective. Starting with exploratory calls with your key stakeholders, our team will identify issues within your processes and infrastructure and guide you through feasible and effective solutions.
Negotiation requires a clear path that starts with planning and established processes. Without these, negotiators can quickly lose sight of their objectives, causing negotiations to go sideways.
At The Maker Group, we tailor our consultations to meet your specific needs and goals and help you build a solid infrastructure between internal and external departments.
#2: Fostering Partnerships and Relationships
Communication is a critical component when managing long-term business relationships. Manufacturing companies are constantly juggling a variety of relationships. From engineering to logistics to procurement, all are happening at varying levels of complexity and strategic importance.
The Maker Group will assist you with streamlining your communication processes and fostering relationships with vendors and suppliers.
We’ll give you the knowledge to equip your team with winning communication strategies that will allow them to confidently convey messages while maximizing every deal’s value.
#3: Supporting Key Initiatives
Due to the rapid pace of change across the industry, Manufacturing companies are having to respond to a greater demand for cooperation from their customers, suppliers, and vendors — all while executing key initiatives like pricing, supply chain, and end-to-end visibility.
The Maker Group specializes in helping manufacturing companies execute calculated initiatives that maximize outcomes and maintain relationships.
Our process helps manufacturing companies align on clear objectives with suppliers while supporting frontline negotiators through the purpose of their negotiations.
FAQs About The Maker Group’s Negotiation Consulting for the Manufacturing Industry
What Makes Your Negotiation Consulting Approach Different From Others?
Negotiation isn’t “one-size-fits-all”, which is why we structure our consultation services around your company’s specific challenges, needs, and desired outcomes.
Other negotiation consultancy firms use a standard approach to negotiation, but we know that doesn’t apply to the manufacturing industry.
We’ll work with you to develop creative negotiation strategies that are as unique as your business.
By building out a plan from the ground up, we leave no stone unturned by systematically addressing all of your challenges and pain points one by one.
How Can The Maker Group Help in the Manufacturing Industry?
One misinformed decision can quickly turn a potential win into a loss. The Maker Group is dedicated to understanding and addressing the unique challenges faced by each of our clients.
We don’t offer cookie-cutter solutions, because we know from experience that this simply doesn’t work.
Our integrated, multifaceted approach to negotiation consulting creates lasting changes by changing the way your negotiators approach every deal.
How Can Manufacturing Teams Work With The Maker Group for Negotiation Consultancy Services?
Getting started is easy. Contact us to book a consultation.
From there, we’ll conduct a fact-finding series of interviews with your key stakeholders to identify your strengths, weaknesses, and challenges.
Our negotiation consultants will create a tailored-to-you, tactical business strategy to help you reach your goals and increase profitability.