Are you navigating supplier price increases? Join Propello Procurement this Thursday to discover the practical frameworks you can use to assess supplier claims and respond with greater commercial confidence.
Presented by Propello’s Director of Advisory, Chris Hodgson, the 45-minute webinar is perfect for procurement and contract management professionals who are already receiving, or expect to receive, supplier price variation requests.
If your organisation has exposure to fuel- or commodity-intensive supply chains, including transport, logistics, construction and field services, it’s particularly relevant for you.
When: Thursday, 23 April, 1:00 PM AEST
“Fuel prices have surged in recent weeks, with diesel exceeding 300 cents per litre in some states. Suppliers across multiple industries, not just transport-related sectors, are seeking to pass these increases through to customers,” said Propello Procurement.
“Supplier price variation notices are already arriving and many teams are responding to a growing number of urgent requests. Organisations need to determine whether those increases reflect genuine cost pressure or simply headline market movements.”
You’ll discover:
- A framework for assessing supplier price variation requests: How to analyse supplier claims, what evidence to request and how to determine whether a variation is supported by real cost movements
- Practical tools for challenging and negotiating variations: A structured methodology for responding to unjustified increases while maintaining constructive supplier relationships
- Demand-side levers to offset legitimate cost increases: Practical approaches such as specification review, volume consolidation and demand management to reduce the overall cost impact where legitimate increases exist
“While the Federal Government has announced a temporary halving of the fuel excise, the structural impact on supply chains remains significant and suppliers are responding accordingly,” added Propello.
“Some increases reflect genuine cost pass-through. Others rely on headline market movements that don’t translate directly into contract costs. Teams without a clear methodology risk absorbing both.”
Want to learn more about managing supplier price increase requests across a multi-category supply shock?Catch up on Chris Hodgson’s exclusive article for PASA, in which he looks at the supply chain impacts and contract variations that procurement teams across Australia are currently navigating.
