6 Essential Deal Types That Maximize Procurement ROI
- Volume Discount Agreements: Secure better pricing through committed purchase volumes
- Multi-Year Contracts: Lock in favorable rates and ensure supply stability
- Performance-Based Deals: Tie supplier compensation to delivery and quality metrics
- Risk-Sharing Partnerships: Distribute market volatility risks between buyer and supplier
- Innovation Collaboration Deals: Joint development agreements for new products or processes
- Exclusive Supply Arrangements: Secure competitive advantages through unique supplier relationships
These deal structures have helped companies achieve average cost savings of 15-30% while improving supply chain reliability and fostering innovation partnerships.