How to negotiate supplier contracts to reduce COGS without compromising lead times
I’ve negotiated dozens of supplier contracts across product launches, SKU rationalizations and scale-ups. Reducing cost of goods sold (COGS) is one of the fastest ways to improve margins, but the common trap is chasing price and breaking lead times, quality or supplier relationships — which ultimately increases total cost and risk. Below I share the pragmatic playbook I use with teams: how to prepare, what levers to pull, and the contract...