Join our Contract Terms course and deliver more effective results for your organisation!
Contract Terms drive supplier behaviour. Understanding the terms of contracts with suppliers is often a key weakness within organisations. Contracts are there to set the rules between the buyer and the supplier, to determine how they engage with each other and importantly to define what happens if the supplier does not deliver to specification.
Join our Contract Terms Course on 28th March 2023 which takes place online via Zoom. The price of this course is £275.00 + VAT.
This course focusses on the key elements to include in a supplier contract and is ideal for buyers and procurement practitioners at all levels within the organisation, who wish to gain or extend their understanding of commercial contracts. The agenda is as follows:
The agenda is as follows:
Start: 09:30
- Welcome and Introductions
Contract Issues and Contract Foundation
- Current contract issues
- Foundations of a contract
- Group exercises
Break 11:00 to 11:20
- Assessing Contract Risk
- Critical success factors
- Risk classifications
- Allocation of contract management resource
Lunch break 12:30 to 13:15
Contract Development
- Buyer power v supplier power
- Express Terms to use
- Car Dealership exercise
Break 14.30 to 14.50
Contract and Supplier Management
- Breach & Termination of contract
- Dispute resolution
- KPI’s to drive supplier behaviour
- Supplier incentives & penalties
Review session (facilitated by trainer)
Finish 16:00