Mastering Contract Management: Building Relationships in Business Masterclass
We provide platform for Public training, In-house, to all clients and individual who seek to learn and educate.
Course Overview
The contract is at the core of all commercial transactions and contracts management is a core competency of all successful organisations. The very best organisations in the world understand the benefits of increased profits and higher productivity resulting from mastering best practices in contract management.
Gain a deep understanding of contract management with this BIZENIUS masterclass, which includes drafting, negotiation, and administration of contracts, as well as dispute resolution and legal compliance. Learners will understand the critical importance of having a contract in place before undertaking any project. We’ll explore relationship fundamentals and complexities that relate to business contracts. The final part of the course will bring the above ideas together, using an example scenario (the challenge of building your own house) to put theory into practice.
BENEFITS OF ATTENDING
- Commercial relationships and the pitfalls to avoid in contracting
- Describe the procurement cycle and the contract management life-cycle
- Define and develop the right contract
- Measure supplier performance
- Analyse contract risks and their impacts
- Negotiate effectively with suppliers
- Manage contractual changes
- Professionally close contracts
- Discuss how we can monitor the contract
- Discuss dispute resolutions and termination of contract
- Identify the risks associated with changes, variations and extensions to contracts
- Developing negotiation skill sets to achieve the organisation’s objectives
- Discussing important aspects of price and cost analysis
- Analysing the various pricing models used in preparing proposals
- Differentiating contract types and how they transfer risk
- Explaining how to deal with volatile materials pricing
- Enhancing contract performance
- Good Contracting and Procurement Practice
- Contract Types and Structures
- Define contract management governance
- Identify the stakeholders involved in the process
WHO SHOULD ATTEND
This Practical and interactive course specifically designed for
- Procurement Team
- Contract Manager
- Technical Staff
- Operation Team
- Sales Team
- Manager
- Relationship Manager
- Purchasing executives
- Supply Chain Manager
- Logistics Team
- Inventory Planning Team
- Technical personnel
IN-HOUSE
Our Tailored Learning Offering
Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office by offering our classroom program or LIVE Online. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.
Top Quality
From the Boardroom to the front line, we can deliver engaging, multi-faceted learning programmes that will nurture the skills needed to fast-track development and enable teams to flourish.
Best Way
We combine the right blend of formal, informal, online and classroom techniques to increase your employees’ knowledge retention, drive collaboration, and create social learning communities.