Contract Management

In the dynamic world of procurement and supply chain management, understanding commercial agreements and effective contract management is crucial for ensuring successful collaborations between buyers and suppliers. This comprehensive course offers insights into the intricacies of contractual agreements, specifications development, and best practices for contract management, equipping procurement professionals with essential skills for their roles.

• Course Outline:
  
• Explore the documentation involved in commercial agreements
  • Definition
  • Role of Procurement professional in contract management
  • Documents involved in commercial agreements

• Types of contractual agreements made between buyers and suppliers
  • On-off purchases
  • Framework agreement
  • Call-off contract
  • Service contract
  • Hiring and leasing

• Content of specifications for procurements
  • Definition
  • Types
  • Typical sections of a specification
  • The process of developing the specifications

• Contractual terms for contracts & best practices
  • Types
  • Contractual terms
  • Contract management best practices

Date: November 29. 2024
Time: 07:00 PM