The Procurement School’s Post

Effective Contract Administration & Supplier Management Improving Procurement Performance & Cost Efficiency This 2-day course addresses all these issues and show participants how a planned contract management process ensures that inefficiencies are addressed at the earliest stage possible. Through interactive supplier-buyer participation and the management of the contract throughout its life cycle, supplier-buyer relationship is maintained at the highest level. Contact Phoebe at 019 363 7822 to find out more. #contractadministration #suppliermanagement #procurement #iptraining

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How does Procurement Services Lifecycle deliver value, control and supplier performance? ✅ At Procurement Services Lifecycle, we specialise in transforming contract management into a proactive tool for achieving savings and operational excellence. Our team can help streamline your processes and implement the right contract management solutions tailored to your organisation's needs. A great deal of effort goes in at the outset to ensure you get maximum value from your contracts. This includes buying the right thing from the right supplier, agreeing the commercials and getting the terms right. However, unless a contract is actively managed, much of that anticipated value quickly erodes. This is why we've developed Contract Lifecycle, our unique approach to contract management. Want to find out more? Contact joanna.donohue@csltd.org.uk #Procurement #Services #Lifecycle #PublicSector #Contract #Management

The 12 stages of contract management that every procurement professional needs to know 👇 #Procurement #CIPS #SupplyChain #ContractManagement

Short read ➡️ 12 essential stages that ensure every agreement is well-executed and optimized. Mastering these stages helps mitigate risks and maximize value in every deal 📈 #ContractManagement #BusinessOptimization #RiskManagement #cips

The 12 stages of contract management that every procurement professional needs to know 👇 #Procurement #CIPS #SupplyChain #ContractManagement

Effective contract management is vital for procurement. Ensure contracts are clear, fair, and regularly reviewed. #ContractManagement #Procurement #IFPSM http://ow.ly/pA8N30sENom

Sharpen Your Procurement Acumen: Essential Contract Management Glossary Effective procurement contract management is vital for any business, but the terminology can get confusing. Fret no more! Our Procurement Contract Management glossary equips you with key terms to navigate procurement contracts with confidence. What is Procurement Contract Management? Procurement contract management is the process of managing contracts related to Procurement and purchases made as a part of legal documentation of forging work relationships with customers, vendors, or even partners. It comprises negotiating the terms and conditions of contracts. Procurement contracts also include certifying compliance with the terms and conditions and documenting and agreeing on any changes by both parties. #Procurement #ContractManagement #Glossary #BusinessKnowledge

Great #procurement work can be undone by poor contract management. Great #contractmanagement can salvage poor procurement. If both are great, we’ve hit the jackpot. This is a whole new world for procurement – making business decisions: https://buff.ly/3VOxi91

New Blog Alert: The Key Role of Contract Ownership in Procurement! Understanding who truly "owns" a contract can make all the difference in managing risks, driving performance, and securing value for your organization. Ready to learn how contract ownership can streamline your procurement process? Dive into our latest blog and discover why contract ownership is crucial for procurement success. Don’t miss out! 👉 https://lnkd.in/dsn-gQ5D #contractmanagement #procurementstrategy #riskmanagement #yaraaio