More than Simply Cutting Your Losses: How Contracts and Relationship Management Can Attain Higher Levels of Procurement Value

$149.00

SKU: 411083

Description

Drive the economic value of terms and conditions through relationships, commitments, priorities, and expectations.
Every business, regardless of type, kind, or size, enters into contracts on a regular basis. Those contracts may be from vendors rendering services and products to the business or they may be contracts in which the business, itself, provides services and products to its own customers. In this presentation, we focus on better managing the contract process and thirdparty relationship to avoid disputes, speed negotiation, and decrease time to market. In particular, we will discuss a variety of situations arising during the preliminary precontract process, the negotiation process, and postcontract activities.

Date: 2024-04-30 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to define the parameters of a proposed contract engagement.

* You will be able to discuss key contracting issues.

* You will be able to identify common contract risks.

* You will be able to review contracts more efficiently and with a better eye for key issues.

Vendor V. Buyer Dynamics
• Differing Expectations
• Aligning Interests
• Partners?

Battle of the Forms
• Vendor Form V. Buyer Form
• Master Agreements

Adverse Market Trends

Understand the Deal

Contracting Process
• Negotiating Team
• RFP, RFI, RFQ
• Negotiations
• Post-Contract

Diligence, Diligence, Diligence
• Developing an Approach to Diligence
• Striking the Right Balance
• Important Contract Exhibit

Project Management
• Managers
• Key Personnel
• Turnover

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,ISM ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Michael R. Overly-Foley & Lardner LLP