You being the head of procurement department, one of your role is to seek and purchase products and services at the best possible price and value for your company. The prices that as consumers pay are often inflexible ((printed on the price tag, listed in the catalog, etc.), but, a significant number of final prices paid in business-to business transactions are negotiated. With this opportunity to negotiate with the supplier, explain to the board members the types of negotiation strategy and clear example that you will apply to have the best price possible.