A contract is a formal, legally binding agreement between a buyer and supplier, created through the strategic sourcing process. This course covers key contract information and helps you create more effective contracts.<\/p>\n","protected":false},"excerpt":{"rendered":"
A contract is a formal, legally binding agreement between a buyer and supplier, created through the strategic sourcing process. This course covers key contract information and helps you create more effective contracts.<\/p>\n","protected":false},"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false},"level":[28],"product_brand":[],"product_cat":[21],"product_tag":[],"class_list":["post-189","product","type-product","status-publish","level-advanced","product_cat-legal-and-contracting","first","instock","taxable","shipping-taxable","purchasable","product-type-variable-subscription"],"bundled_by":[],"bundle_stock_status":"instock","bundle_stock_quantity":null,"bundle_virtual":false,"bundle_layout":"","bundle_add_to_cart_form_location":"","bundle_editable_in_cart":false,"bundle_sold_individually_context":"","bundle_item_grouping":"","bundle_min_size":"","bundle_max_size":"","bundle_price":[],"bundled_items":[],"bundle_sell_ids":[],"acf":{"course_minutes":265,"course_hm":"04:25","category_id":"OPRA_EN_LC","modules_heading":"Course Modules:","modules":[{"module_name":"104 KPIs","module_contents":[{"list_item":"Explains the reason for and benefits of Key Performance Indicators (KPIs) in supplier performance management"},{"list_item":"Introduces the KPI development process"},{"list_item":"Details the different types of KPIs and when to use them"},{"list_item":"Introduces the KPI comparator's benchmarks, targets and baseline"},{"list_item":"Shows how to build effective KPIs in the supplier performance management process"}],"module_activities":[{"list_item":"Introduction to KPIs"},{"list_item":"KPI development process"},{"list_item":"KPI examples"},{"list_item":"KPI benchmarks, targets and baseline examples"}]},{"module_name":"105 Contract management","module_contents":[{"list_item":"Explains why a contract is needed and procurement\u2019s role"},{"list_item":"Explains the \"Battle of the Forms\" and how to win"},{"list_item":"Details contract management key activities"},{"list_item":"Introduces the Contract Lifecycle Management (CLM) process"},{"list_item":"Shows you how to evaluate you CLM maturity"}],"module_activities":[{"list_item":"Why we need contracts and procurement's role"},{"list_item":"Winning the battle of the forms"},{"list_item":"Key activities in contract lifecycle management"},{"list_item":"The contract lifecycle management process"},{"list_item":"The CLM maturity model "}]},{"module_name":"029 Contracting for performance","module_contents":[{"list_item":"Explains the different types of contracts that can be used"},{"list_item":"Builds understanding of how to form a legally enforceable contract"},{"list_item":"Introduces the different contracting pricing methods"},{"list_item":"Explains the 5 types of contractual terms"},{"list_item":"Shows how to incentivize suppliers to improve their performance"}],"module_activities":[{"list_item":"Types of contract"},{"list_item":"The formation of a contract"},{"list_item":"Contracting on price"},{"list_item":"Contract terms and conditions"},{"list_item":"Contracting for performance"}]}],"course_includes":[{"item":"3 Modules"},{"item":"14 Learning Activities"},{"item":"13 Checkpoints"},{"item":"3 Quizzes"},{"item":"1 Downloadable, Fillable Template"},{"item":"1 Downloadable, Completed Example"},{"item":"2 Downloadable, Infographics"}]},"_links":{"self":[{"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/product\/189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/comments?post=189"}],"wp:attachment":[{"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/media?parent=189"}],"wp:term":[{"taxonomy":"level","embeddable":true,"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/level?post=189"},{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/product_brand?post=189"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/product_cat?post=189"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/store.opracademy.com\/kikao-i\/wp-json\/wp\/v2\/product_tag?post=189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}