?? Why is Back Door Selling so Devastating? ??
In today's fast-paced business landscape, there are many players who have a critical role in ensuring value, compliance, and risk management. However, there’s a hidden challenge that can undermine even the best efforts—Back Door selling. ??
So, what is it? ??
Backdoor Selling is a whole series of probing questions that salespeople are meticulously taught to ask – well in advance of the formal negotiations.
These questions are addressed to engineering, information systems, marketing, project and program managers, receptionists, assembly line and warehouse workers, HR and any member of top management that they can access.
Here’s why YOU need to be on high alert and aware of the dangers:
1. Undermines Procurement Strategy: When purchases happen outside of the official process, it weakens the organization’s strategic sourcing initiatives. The purchasing department loses visibility into supplier performance, pricing trends, and overall spend analysis. ??
2. Compromises Negotiation Power: Without the purchasing team involved, it’s easy for suppliers to set terms that aren’t in the company’s best interest. When procurement is sidelined, organizations lose out on leveraging volume discounts and negotiating favorable contract terms. ??
3. Increases Compliance Risks: Back Door deals often skip critical checks, such as compliance with contracts, ethical sourcing, or quality standards. This can lead to significant legal and financial risks, especially in regulated industries. ????
4. Impacts Budget Control: When purchasing decisions are made outside the established processes, it disrupts budget forecasts and financial planning. A lack of centralized control can lead to overspending and budget overruns. ??
5. Damages Internal Trust: A strong purchasing process fosters collaboration across departments. Back Door selling, on the other hand, creates silos, breeds distrust, and erodes the purchasing team’s influence. ??
?? The solution? We have created a proven solution discovered by over 350,000 people! Our Back Door Selling Seminar has saved companies MILLIONS and is the solution you are looking for!
Learn more here: https://lnkd.in/eNcu8gYS
#Procurement #BackdoorSelling #RiskManagement #Compliance #SupplyChain #StrategicSourcing