Negotiating and Contracting in Procurement and Supply
Learn how to negotiate and create legally binding contracts in procurement and supply. This course is essential for CIPS students, business professionals, and MBA students. Gain the skills to achieve favorable agreements with external organizations and understand the legal terms that regulate commercial agreements. Ideal for procurement executives, contract officers, and supply chain analysts and planners. Don’t let performance issues and supply conflicts impact your business – enroll now!
What you’ll learn
- Identify approaches to achieve negotiable agreements with external organisations and recognize the use of legal terms that should regulate commercial agreements
Negotiating and contracting in procurement and supply is a course designed to help you understanding what happens when you are buying and selling and how that will impact your business if not properly taken care of.
Creation of formalized agreements is a critical part of the work of anyone dealing with procurement and supply. This course analyses approaches to the negotiation of agreements made with external parties and the formation of legally binding contracts.
After contracts have been entered into, there can be conflict over performance issues and on costs, timing and quality of supplies. This should involve negotiation to achieve required outcomes
The main purpose here is to enable you Identify approaches to achieve negotiable agreements with external organizations and recognize the use of legal terms that should regulate commercial agreements
Who this course is for:
- CIPS students
- Business persons
- MBA Students
- Procurement / purchasing executive
- Procurement specialist
- Contract officer
- Supply chain / inventory / logistics analyst
- Supply chain / inventory / logistics planner
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