This 5-day interactive Contracts and Supply Chain Management training course will cover topics that can be used as an extensive resource that provides in-depth insights into the critical areas of business operations, specifically focusing on the realms of contracts and supply chain management.
Duration"Contracts" and "Supply Chain Management" are concepts often used in business and legal contexts, particularly in the field of procurement and business operations. A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of a mutual exchange of promises or obligations. These agreements can cover a wide range of transactions. Contracts define the rights, responsibilities, and expectations of each party involved.
Supply Chain Management refers to the process of planning, sourcing, producing, and delivering goods and services to customers while optimising costs, quality, and efficiency. It involves overseeing the entire flow of materials, information, and finances across various stages, from raw material suppliers to end consumers.
This 5-day interactive Contracts and Supply Chain Management training course will cover topics that can be used as an extensive resource that provides in-depth insights into the critical areas of business operations, specifically focusing on the realms of contracts and supply chain management. It will equip the delegates with a thorough understanding of the intricacies involved in these essential aspects of modern business.
Day One: Fundamentals Of Contract Management
Definition of Legally Binding Contract
Role of Contracts in Business Transactions
Key Elements of Contracts
Contract Formation and Contract Types
Contract Management Process
Contractual Obligation of the Parties
Payment Methods and Managing Payments to Contractors and Suppliers
Day Two: What Is Supply Chain Management?
Introduction to Supply Chain Management
The Components of Supply Chain Management
Logistics and Transportation
Procurement Management vs Supply Chain Management
Supplier Relations Management
Demand and Forecasting
Impact and Benefits of Effective Contract Management on Supply Chain
Day Three: Change Orders In Contract Management
Introduction to Change Orders
Reasons for Change Orders
Processing Change Orders
Documenting and Communication of Change Orders
Negotiation of Change Orders
Risk Management and Legal Considerations
Best Practices for Dealing with Change Order
Risk Allocation under Contracts
Day Four: Challenges With Contract Management And Supply Chain Management During Exceptional Events
Introduction to Exceptional Events
Supply Chain Disruptions
Contractual Ambiguities
Adapting to Change and Uncertainty
Financial Impact and Cost Management
Supplier Performance During Exceptional Events
Risk Management and Risk Response Strategies
Contingency Planning
Day Five: Role Of Innovation And Technology In Contract And Supply Chain Management
Introduction to Technology and Innovation
Digital Contract Management
Real-Time Visibility and Tracking
Demand Forecasting and Analytics
Supplier Relationship Enhancement
Blockchain and Transparency
XCalibre Training Centre offers unique development and skill-based training courses internationally that aim to nurture practical result-driven abilities in individuals to keep up with the constantly changing business requirements.
We equip people with information and opportunities to propel them forward in their careers by offering training in versatile sectors, including human resources, energy and innovation, data management & IT, maritime management, and more.
Our organisation hires globally-acclaimed subject matter experts that has extraordinary references. Having this together with their academic knowledge and real-life experiences can bring out courses and seminars with best practices that ensure substantial output and benefits to the attendees.
XCalibre Training Centre assists our delegates from varied backgrounds, qualifications, designations, and industries willing to improve their career path for self-sustenance and self-realization. The end goal is to create a mutually beneficial relationship between organizations and their employees to reach their desired levels of success.
Professional Certificate from Inchainge - Netherlands is awarded to students at successful completion. This course will give you an interactive learning setting combined with an opportunity to apply all the concepts in a risk-free environmen
The Certified Professional in Supply Management (CPSM) is recognized globally as a standard of excellence for professionals in procurement, supply management and supply chain management. The CPSM program reflects the expanded knowledge, skills and abilities required to be a successful professional.
This course is designed to support supply chain professionals moving into, or who are already in manager, supervisory or team-leader roles.
Upon completion of three CPDF credentials, a participant will be awarded the IIF Certified Forecaster designation. Professional Certificate from International Institute of Forecaters (IIF) - USA . This CPDF course is broken down into three d
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