Workshop: securing cost price increases with buyers

06 December 2022, 09:30 – 16:00

NFU HQ, Stoneleigh Park

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At a time when margins are under pressure like never before, getting adequate returns from supermarket customers is crucial. That's why the NFU is hosting cost price increase workshops at Stoneleigh Park on 4 October and 6 December, with an exclusive discount for NFU members.

There are two opportunities to attend these one-day workshops, run by former supermarket senior buyers turned management consultants, Ged Futter and David Miles of The Retail Mind, who have worked on both sides of the negotiating table.

NFU members are intitled to a 40% saving on the price of the workshop, which will cost £300 + VAT.

To secure your place, contact NFU CallFirst on 0370 845 8458 to book your place. Spaces are limited and tickets are non-refundable. Lunch and drinks will be provided.

Why should I attend?

Recovering increasing costs can be a difficult conversation to have with customers, especially when buyers resist the increase for as long as possible. We want to arm you with the skills to gain control, creating the best chance for you to agree the price you need from your buyer, in a constructive and robust way.

This workshop is highly interactive, focusing on real-life examples and tried and tested processes.

It will give you the skills to build and maintain strong, constructive relationships with your buyer and communicate in a way that delivers messages clearly and consistently.

“The best £300 I ever spent.”

“Absolutely five star.”

“I asked my buyer for an increase and the reaction was exactly how David and Ged said it would be. They had a tantrum, but ultimately they gave me what I needed.” 

What can you expect?

During the workshop, you'll have the opportunity to roleplay the process of having the discussion with your buyer, complete with the typical responses you may receive from retailers.

Keeping calm and learning how to reframe the discussion towards the key objective is central. You'll be taught to develop soft language skills and body language awareness to give yourself the best chance of success.

Finally, we'll test your negotiation skills in a pressurised situation so you can practice how to react when a deal needs to be done and is not forthcoming.

Can't attend this date? Book onto another

Upcoming event

Workshop: securing cost price increases with buyers

04 October 2022, 09:30
Upcoming event

Workshop: securing cost price increases with buyers

06 December 2022, 09:30

Course details

  • Ged Futter is a former senior buying manager at Asda and director at groceries code training business GSCOP.
  • David Miles is former commercial director at Asda.

Session 1 - Prepare: This session is about ensuring you’re prepared before approaching your customer. It looks at the importance of being internally aligned and what happens if you're not prepared.

Session 2 - Plan: This session looks at the process after you’ve asked your customer for a price increase. It will focus on the conflict that can be expected, how to deal with any objections and rejections, and how to re-frame the discussion.

Session 3 - Practice: The final session is about understanding the pressures of the final few days before a price increase goes live. Delegates will be put under real-life pressure to understand how it feels when a deal must be done and it is not materialising. You'll learn to understand when to escalate and how to avoid a situation escalating too early. You’ll also understand that how a supplier handles a price increase determines how the next price increase request will be seen.

Event details
Start Date
06 December 2022 at 09:30
End Date
06 December 2022 at 16:00
Location

NFU HQ, Stoneleigh Park

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