Rajesh Reddy

Founder @ Venwiz. Looking for interesting threads and network.

[Rajesh Reddy @rajeshcarlos]

@shaileshlakhani Congratulations on a great innings Shailesh! Godspeed!

[Rajesh Reddy @rajeshcarlos]

3)

Focus on Value, Not Just Budget: Align on value—flexibility on terms like payment timelines can lead to stronger partnerships.

Have a BATNA: Always have a fallback plan. Negotiating from confidence, not necessity changes the game.

[Rajesh Reddy @rajeshcarlos]

2)
Best ways to vendor negotiations:

Data-Driven Estimates: Use methods like zero-based Costing or weighted averages from many quotes. Knowing your numbers builds credibility.
Clear Terms: Define targets, service levels, and payment schedules clearly to avoid misunderstandings.

[Rajesh Reddy @rajeshcarlos]

1)
Vendor negotiations can make or break a project.

Preparation is key to building reliable partnerships and failing to know your numbers is a direct threat to success. 🧵

[Rajesh Reddy @rajeshcarlos]

3)
Most importantly, Mentors matter: Guidance from mentors like Aneesh, Karthik, and Vivekananda has been invaluable. Seek help when needed; It isn’t a solo journey.

For all entrepreneurs: Aim for goals larger than life, pursue relentlessly, and stay true to your purpose.

[Rajesh Reddy @rajeshcarlos]

2)
Key lessons from my journey:
- Resilience is everything: It gets you through convincing clients, hiring the right talent, and raising funds in tough markets.

- Learn from mistakes: Early missteps taught me the value of quick iterations and not letting setbacks slow progress.

[Rajesh Reddy @rajeshcarlos]

1)
Building Venwiz over the past 4 years has taught me this: entrepreneurship is shaped by conviction, discipline, and resilience. 🧵

[Rajesh Reddy @rajeshcarlos]

5/

At Venwiz, we help you unlock your vendor network’s full potential. Sometimes, it’s not about going wider, but deeper—finding vendors with the capacity and drive to excel.

Are you maximizing your vendor network? Let’s explore with Venwiz.

#Venwiz #VendorSelection

[Rajesh Reddy @rajeshcarlos]

1/

Have you unlocked the full potential of your vendor network?

In my journey building Venwiz, I’ve seen how smart scouting and vendor intelligence can uncover the best vendor partner for executing specialized jobs.

[Rajesh Reddy @rajeshcarlos]

4/

The result? The rediscovered vendor delivered exceptional outcomes.

Takeaway: Your best vendor may already be within your network, but you need better tools and processes for real-time vendor mapping.

[Rajesh Reddy @rajeshcarlos]

6/
Procurement is about smart, informed decisions—not just saving costs. It’s about finding partners who deliver value and reliability.

How are you ensuring you're choosing the right vendors for your projects?

#Procurement #SupplyChain #CapEx #Leadership

[Rajesh Reddy @rajeshcarlos]

1/
Procurement decisions in project settings go far beyond the price tag.

You're evaluating technical capabilities, quality standards, and track records.

Sometimes, a vendor priced 10% higher delivers 30%+ in quality and reliability.

[Rajesh Reddy @rajeshcarlos]

5/
Here’s a real-world example:

We helped a client with a ₹25+ crore PEB project. By creating a strong vendor pool and showcasing technical/financial strengths, they chose the best vendor—not just the lowest bidder.

The result? Better alignment with long-term goals

[Rajesh Reddy @rajeshcarlos]

The goal is simple: resolve issues collaboratively and early.

If you’re not solving it together, you’re losing, no matter who is “right.”

Have you faced similar challenges in client-vendor relationships? How did you handle them?

#Venwiz #DisputeResolution #VendorManagement

[Rajesh Reddy @rajeshcarlos]

Once a dispute shifts to gathering evidence and assigning blame, the client-vendor relationship turns from collaboration to confrontation.

That’s when everyone loses—time, money, and often the relationship itself.

Here’s how to approach disputes productively:

[Rajesh Reddy @rajeshcarlos]

The Costs of Escalation

Prolonged disputes can cripple relationships.

In large government projects, for example, disputes often go to formal resolution, but by then, the damage is done—both financially and relationally.