Essentials Of Supply Contract Management

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  • Private Class Price is Per Day not Per Pax
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Private Class from

1600/day

(2 Days)

BENEFITS

Upon completion of this program, participants will be able to:

  • Learning the methodology of strategizing contract management phases from situation, objective and execution
  • Empowering the knowledge and skill in techniques and tools of contract management
  • Managing the relational and transactional value of contract management for more synergistic growth

INTRODUCTION

In businesses, especially the global front, there exists a critical agenda across the strategic level focusing on a 3V's contractual undertaking. The visibility, viability and versatility elements of all contract management must be embraced between the “contract-owner", the “contract-executioner" and “contract-beneficiary"

This ensure a sustaining framework of business advantage, without possible collusion and a shared common goal achievement success

AUDIENCE

All executives and managers in Finance, Administration, Sales, Control, Planning, Procurement and Distribution

All entrepreneurs and proprietors keen to know about the businesses contractual interpretation and implication


Level for Executives and above


METHODOLOGY

This stimulating program will maximizes the understanding and learning through lecture, discussion, case studies and practical activities

UNDERSTANDING THE STRATEGIC IMPORTANCE OF 3RD PARTY SUPPLY CONTRACTS
  • The Prevalence Of The Dollar Magnitude, Business Complexity And Contract Criticality. Positioning The Contract Owner, Contract Executioner And Contract Beneficiary. The Undertakings Of A Pre-Award Conference Leading To Segmentation Of Critical And Non-Critical Items. The Impact Of The 4 Different Types Of Supply Contracts That Weaken Or Destroy The Supply Chain Performance
DEFINING COLLABORATIVE AND GENERIC STEPS IN CONTRACTUAL UNDERTAKINGS
  • Explaining The Orientation Of Contract Visibility, Contract Viability And Contract Versatility. The 6 Improvement Factors Of Consideration In The Supply Management System. The Contractual Steps Captured In The Collaborative Approach From Commitment To Trust. In The Generic Approach, From Performance Gaps To Business Proposals. Outlining A Generalized Process For Managing Supplier Projects Creating The Focal Activities And Designation Portfolio
FAMILIARIZING THE SUPPLY CONTRACTUAL BIDDING OR NEGOTIATION PRINCIPLES
  • Understanding The Orientation Of The Negotiation Process Capturing The Compromising Of Price And Cost. The Bidding Process As The Medium Of Standardizing Service And Capacity. Forming The Compliance Of Contractual Issues In Identifying The Parties, Tendering Of Goods, Rating And Pricing, Service Provision And Retention Effect
FACTORS OF COMPLIANCE IN CONTRACTUAL ISSUES WITH THIRD-PARTY SERVICE PROVIDERS
  • The Guidelines Undertaking the Contractual Application and Implication. Defining The Issues In The Agenda Starting From Disclosure Of Goods, Responsibility For Goods, Routing Mode And Method, Termination And Modification, Volume Requirement, Scope Of Operation, Performance Standards, Operational Standards, Force Majeure, Billing And Payment, Applicable Law, Assignability, Breach Of Contract, Dispute Resolution And Confidentiality
THE CONTRACTING HINTS OF RELATIONAL AND TRANSACTIONAL VALUE SCOPE
  • The Components Of The Operative Issues Namely, Indemnification Clauses, Penalty Clauses, Service Requirements Living Contracts And Price Factors. In The Legal Basics, the Relevance of Offer and Acceptance, Consideration, Competent Parties, Legality of Purpose and Written and Spoken Words. Addressing The Elements Of Formats, Planning, Writing And Tips In The Statement Of Work
THE RELEVANCE IMPORTANCE OF DOCUMENTS IN CONTRACT MANAGEMENT
  • Explaining the Statement of Work (SOW) Leading To A Successful Procurement of Services and Materials. The 4 Formats for SOW in Performance, Functional, Design and Level of Effort. The Planning List Of SOW And The Critical Terms Of The Resulting Contract Focusing Performance Plan, Quality Monitoring System, Personnel Plan, Performance And Payment Bond, Metrics And Progress Reviews. The Suggestive Tips Reflecting the Contracting Parties Commitment and Agreement.
  • Understanding Contract for International Sales of Goods (CISG) Outlining Its Origin and Objective. Explaining the Sphere of Application That Importers and Exporters Need To Know

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