Are you looking for a Reject Price Increase Letter Sample to help you effectively communicate your refusal to accept a price hike from a vendor or supplier? Below, you will find examples of Reject Price Increase Letter Samples that you can use as a template and customize to suit your specific needs.
Explaining the Challenge:
When faced with a price increase from a vendor or supplier, it can be challenging to navigate the situation without damaging the relationship or incurring additional costs. Crafting a well-written Reject Price Increase Letter is crucial in clearly communicating your decision while maintaining professionalism and respect.
Example of Reject Price Increase Letter Sample:
Dear [Vendor’s Name],
I am writing to address the recent notification of a price increase for the products/services we purchase from your company. After careful consideration and review of our budget constraints, we regret to inform you that we are unable to accept the proposed price hike at this time.
While we value the quality and reliability of your products/services, the increased cost does not align with our current budget projections. We understand the need for adjustments to pricing, but we kindly request that you reconsider the proposed increase or provide alternative solutions to help us mitigate the impact on our expenses.
We appreciate the partnership we have built with your company and hope to continue our collaboration in the future. Should you have any questions or require further clarification, please do not hesitate to reach out to discuss this matter further.
Sincerely,
Your Name