Learning Objectives:
- Contracts within Strategic Supply Management.Understanding the purpose and steps of contracting, including contract connections upstream and downstream in the supply chain.
- Contracting Fundamentals. Developing contracts in the sourcing cycle including types and elements of a contract, types of laws, IP consideration, solicitation types, T’s & C’s and redlining.
- Understanding the Purchase/SOW. Discovering key elements of a comprehensive purchase and statement of work that will meet compliance requirements.
- Stakeholder Management. Identifying, engaging and managing stakeholders throughout the contract lifecycle.
- Service Level Agreements and Scorecards. Understanding best practices to ensure suppliers are delivering performance expectations and continuous improvement.
- Supplier Relationship Management. Clarifying expectations to optimize the business relationships between supplier and stakeholder.
- Contract Administration. Leveraging phased steps to ensure a contract is be administered through the lifecycle.
- Effective Communications. Determining various methods to have difficult conversations and effective listening.
Virtual Class Schedule:
Day 1 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 1 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Day 2 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 2 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Who Should Attend:
This supply management training is ideal for fundamental level professionals involved in the various aspects of contracting in product or service planning / execution / closure phases. Contract life-cycle elements and effective administration / communication will drive a successful organizational outcome.