Training
Negotiation: negotiate a contract with a supplier30 minutes
Intermediate
Available in+4
Skills you'll learn
Negotiation
Budget Management
About This Simulation
Your Role
Operations Manager
Your Goal
You renegotiate a natural gas contract for Tarinova Energies.
Simulation Details:
Tarinova Energies is a mid-sized company in the natural gas sector, generating approximately $150 million annually. The company has seen steady growth of 6% per year, driven by strategic investments and increased demand for natural gas. However, recent geopolitical tensions have caused fluctuations in natural gas prices, impacting supply and demand. Tarinova is committed to sustainability, investing 20% of its budget into renewable energy initiatives and carbon offset programs, which are crucial for maintaining positive supplier relationships.
You will assume the role of the Operations Manager at Tarinova Energies, tasked with renegotiating a natural gas supply contract with Samir Khan, the Senior Contract Negotiator from GreenGas Corp. Your mission involves clearly articulating the company's budget constraint of a 5% price increase while exploring alternative solutions to meet both parties' needs. Engage in a one-on-one chat with Samir to navigate this complex negotiation, ensuring that you maintain a constructive dialogue and foster a positive relationship with the supplier.
To successfully complete the simulation, you need to:
- Communicate the 5% budget limit to Samir Khan.
- Propose at least two alternative solutions during the negotiation.
- Maintain a collaborative atmosphere throughout the discussion.
- Ensure the negotiation outcome supports ongoing renewable energy initiatives.
Helpful for
Operations Manager, Supplier Relations Manager, Contract Negotiator
How it worksNot sure how it works? Watch the video below.
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