Legal & Contracting
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.
Course Includes:
- 3 Modules
- 14 Learning Activities
- 13 Checkpoints
- 3 Quizzes
- 1 Downloadable, Fillable Template
- 1 Downloadable, Completed Example
- 2 Downloadable, Infographics
Course Modules:
Module summary:
- Explains the reason for and benefits of Key Performance Indicators (KPIs) in supplier performance management
- Introduces the KPI development process
- Details the different types of KPIs and when to use them
- Introduces the KPI comparator's benchmarks, targets and baseline
- Shows how to build effective KPIs in the supplier performance management process
Module lesson titles:
- Introduction to KPIs
- KPI development process
- KPI examples
- KPI benchmarks, targets and baseline examples
Module summary:
- Explains why a contract is needed and procurement’s role
- Explains the "Battle of the Forms" and how to win
- Details contract management key activities
- Introduces the Contract Lifecycle Management (CLM) process
- Shows you how to evaluate you CLM maturity
Module lesson titles:
- Why we need contracts and procurement's role
- Winning the battle of the forms
- Key activities in contract lifecycle management
- The contract lifecycle management process
- The CLM maturity model
Module summary:
- Explains the different types of contracts that can be used
- Builds understanding of how to form a legally enforceable contract
- Introduces the different contracting pricing methods
- Explains the 5 types of contractual terms
- Shows how to incentivize suppliers to improve their performance
Module lesson titles:
- Types of contract
- The formation of a contract
- Contracting on price
- Contract terms and conditions
- Contracting for performance
Reviews
Purchase Options:
Select the length of time you’d like access to the course material and add it to your cart.
The options available for this course are below:
2 Months - $75.00
4 Months - $120.00
6 Months - $150.00 (Best Value)
Legal & Contracting (Single Course)
Select Duration:
Leave a review