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Achievement

Procurement strategy - field note 020

by Ayaan Patel

During the procurement of 10,000 kg of high‑strength concrete blocks for the government school in Lucknow, I negotiated a fixed‑price contract with BlockCo that locked in a 5 % discount after the first 5,000 kg delivery. The vendor also provided a 30‑day payment grace, freeing up cash flow. Result: ₹3 lakh saved.

  • Issue a request‑for‑quotation with clear volume tiers.
  • Include penalty clauses for late delivery.
  • Set up a payment schedule tied to milestone inspections.
  • Maintain a vendor performance dashboard.
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