Automat Controls Interview Questions and Answers

Purchase is the act of acquiring goods or services while sourcing is the process of finding and selecting suppliers.

• Purchase is a transactional activity while sourcing is a strategic activity.

• Purchase involves negotiating prices and terms with suppliers while sourcing involves identifying potential suppliers and evaluating their capabilities.

• Purchase is a short-term activity while sourcing is a long-term activity.

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Key negotiation techniques include active listening, preparation, building rapport, and finding common ground.

• Active listening to understand the other party's needs and concerns

• Preparation to know your own goals and limits, as well as the other party's

• Building rapport to establish trust and a positive relationship

• Finding common ground to create a mutually beneficial agreement

• Using persuasive language and compromise to