Contract Management

You will learn

With our contract management training you’ll learn how to segment your suppliers in order to identify what type of contractual relationship you want to establish. You’ll learn how to create the right governance structure and explore key terms and conditions you may find in a contract and how they are used. Learn how to make variations to the contracts too and deal with any claims from suppliers.

By the end of the training, you’ll be able to:

• Identify which contract management approach is most effective for a given category of spend
• Create the right environment for effective contract management
• Understand the difference between variations and claims and how to approach them
• Manage identified risks through contracted terms and conditions
• Ensure key performance measures can be effectively managed via the contract

Suitable for the following roles

Contract management training agenda

Session 1 - Contract management principles

• Portfolio analysis
• Balance of power

Session 2 - Principles of supplier segmentation

• Attractiveness factors

Session 3 - Key supply chain risks

• Categories of risk
• Risk mitigation and identification

Session 4 - Contract governance and creating
a contract governance structure

• Life cycle
• Contract administration
• Contract management
• Performance management
• Key Performance Indicators (KPIs)

Session 5 - Contract governance and creating a contract governance structure

• Relationship management

Session 6 - Significant terms and conditions

Session 7 - Variations and claims

• Authorisation of variations
• Control of variations
• Dispute resolution