How would you approach the situation if the supplier shared a competitive price classified as H1, while comparing it to the L1 and L2 suppliers, in order to persuade your manager?

Question

Accepted Answer

I would conduct a thorough analysis of the supplier's offer and present a detailed comparison with the L1 and L2 suppliers to persuade my manager.

Conduct a detailed cost analysis of the H1 supplier's offer, including all relevant factors such as quality, delivery time, and terms of payment.
Prepare a comprehensive comparison chart showcasing the strengths and weaknesses of the H1 supplier in relation to the L1 and L2 suppliers.
Highlight any potential cost savings or added value that the H1 supplier may bring to the company.
Present the analysis and comparison to the manager in a clear and concise manner, emphasizing the benefits of choosing the H1 supplier.
Be prepared to address any concerns or questions that the manager may have regarding the supplier selection process.

How would you approach the situation if the supplier shared a competitive price classified as H1, while comparing it to the L1 and L2 suppliers, in order to persuade your manager?

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