{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Plastic Resin Buyer Brief","title":"Price Increase Letters and Negotiation Leverage | May 2026 Procurement Intelligence Session","html":"","width":"100%","height":180,"duration":3119,"description":"A supplier price increase letter hits your inbox. The clock starts immediately.\nMost buyers have two weeks to respond. Their suppliers are already working with current market intelligence, while many procurement teams are validating claims with data that's 30 to 60 days old.\nIn this episode, Michael Workman and Brian Balboa break down what happens when a resin supplier announces a price increase — and why the outcome is often decided before the first negotiation.\nThey explore four common failure modes that weaken a buyer's position:Timing: negotiating with delayed market informationTrust: relying on data that wasn't built for buyersPrecision: benchmarking the wrong gradeAccess: having data but not being able to act on it quicklyMichael and Brian also review a real-world HDPE example where two buyers received the same $0.30/lb increase letter but achieved very different results based on their preparation.\nThe difference wasn't negotiation skill. It was validation, benchmarking, and independent market intelligence.\nTOPICS COVEREDWhy published resin indices can leave buyers negotiating with outdated informationThe four procurement failure modes: timing, trust, precision, and accessWhy supplier justification requests often fail to create leverageHow grade-level benchmarking improves negotiation outcomesThe difference between cost recovery and margin expansionWhat prepared buyers do after receiving a price increase letter\nRequest your free RESIN8 Benchmark Assessment at resinsmart.ai.\n\nConnect with Michael Workman on LinkedIn.","thumbnail_url":"https://img.transistorcdn.com/9sQKF90z4mZMcXCjKzZYFM5EfH2MoBWVj1RDIOBqoTM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82NDZm/ZDZjZDg5MWQwNTVm/NWFiYjczODZhMTYw/NGVjNS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}