Reply to a Vendor Price Increase
Negotiate or accept a price change professionally.
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[VERIFY] is an editorial flag, not a blank to fill. Wherever the prompt shows [VERIFY], check that item against a reliable source before you use it.
Draft replies to a supplier's price increase notice. The notice: [PASTE_PRICE_INCREASE_NOTICE]. Our current spend, contract terms, and notice period: [CURRENT_TERMS]. Alternatives we have (other suppliers, quotes): [ALTERNATIVES]. How important this supplier is to us: [IMPORTANCE]. What we want (smaller increase, delay, volume discount, longer term, no change): [GOALS]. Write four versions: 1. Request for details: ask for the reasons, the basis for the percentage, and the effective date; ask how it compares with market prices; keep it neutral (80 words). 2. Negotiation reply: propose a counter (phase-in, a smaller percentage, a volume commitment, an extended term, or improved terms in exchange) with reasons based on our relationship and facts (110 words). 3. Acceptance with conditions: accept with a price lock for a defined period and a written commitment. 4. Polite refusal and notice of review: state that we are evaluating alternatives without bluffing. Rules: never claim quotes we do not have; keep the tone respectful; confirm contract notice rights before replying; document everything in writing. Add a short preparation checklist (compare quotes, check contract clauses, quantify the cost of the increase per year), and a call script. Mark clauses to check with a lawyer as [VERIFY].
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Request for details (about 80 words): "Thank you for the notice of a 12 percent increase from 1 January. Could you share the reasons and how the percentage was calculated? We value the relationship and want to understand how this compares with market changes. Please also confirm the notice period in our contract." Negotiation: counter with a phased increase (6 percent now, 6 percent in July) in return for a 24-month term. Acceptance with conditions: price locked for 18 months. Preparation: compare two quotes, calculate annual cost of the increase (spend 48,000 x 12% = 5,760 per year).
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