The Complete Course on Contracts
and Supply Chain Best Practices

Name: The Complete Course on Contracts and Supply Chain Best Practices Training Course
Rating: 4.7 (1076 reviews)

Course Schedule

No classroom dates available

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Overview Outline Certificates

Why Choose The Complete Course on Contracts and Supply Chain Best Practices Training Course?

Since the global economic downturn, the world of Contract Management and Supply Chain Management has become much more important. Contracts and Supply Chain professionals continue to be pressured to deliver superior operational results while at the same time reducing costs. They need to be able to ensure their organizations become industry pace setters, by better managing their contracts and supply chains to achieve reduced costs, whilst at the same time, improving service levels. Mastering the art of Contract Management and Supplier Relationship Management has been proven to be one of the best methods to ensure a consistent level of efficiency and improved performance of supply partners.

This course will feature:

The differences in approach between different legal and contracting systems
Identity, analyse and evaluate supply chain risk and risk allocation and dispute resolution
Contracting in an international context
Apply a thorough understanding of supply chain activities
Managing and optimizing your inventory to deliver financial results

What are the Goals?

By the end of this training course, participants will be able to:

Improve their understanding of the role of contracts within a business
Develop more confidence in dealing with contracting issues
Understand how strategies can be developed to improve the commercial outcomes
Apply the latest international thinking in dispute resolution
Analyze the effectiveness of your firm’s supply chain practices
Create an inventory strategy that speeds cash flow
Evaluate and work with suppliers to deliver tangible business results
Use analytical tools to identify supply chain risk
Make cost and service improvement

Who is this Training Course for?

This course will benefit all levels of personnel engaged in contract management, negotiation, procurement, operations, and disputes. This course is suitable to a wide range of contracts professionals but will greatly benefit:

Contract Administrators, Contract Professionals and Project Coordinators
Specifiers, Buyers, Purchasing Professionals and Procurement Officers
Contracts managers
Sourcing, procurement, and supplier management professionals
Production and manufacturing professionals

How will this Training Course be Presented?

This The Complete Course on Contracts and Supply Chain Best Practices training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes high levels of participant discussion, group interaction, delegate group exercises and case studies. Materials include existing contemporary English language contracts in many jurisdictions. Delegates will be encouraged to raise their own issues and problems faced within their industry or organisations for discussion on a confidential basis.

The Course Content

The need for contractual relationships
What is needed to create a valid contract? Ingredients and formalities
Authority and agency
The tender process
Alternative sourcing
Making contracts enforceable – with particular emphasis on the international context

Form of Agreement
Hierarchy of Terms and Conditions
Different contractual structures
Traditional and new
Risk and Title (ownership) in international trade. When does it transfer?
Notices and other formalities
Which law and which courts?

Securitising performance obligations
Bonds and guarantees
Parent company guarantees
Letters of intent, comfort or awareness
Insurance policies
Assessing the need for financial security

Changes to Contract documents
Assignment/Novation explained and distinguished
Variation clauses and changes to the scope of work
Claims – what they are, and how they arise
Delay and disruption
Force majeure

Conflict avoidance and tiered dispute resolution clauses
Negotiation
Litigation
Arbitration
Mediation, ENE and new best practices in dispute resolution and management
Final questions and review of Managing Contracts

Supply Chain Definitions
Supply Chain Models and Types
Types of process frameworks
Defining performance gaps
Customers, competitive advantage and demand
The Global Supply Chain

Types of inventory
Applying procurement strategies that maximize inventory turns
Speeding the cash-to-cash cycle time
The financial justification for change
Supplier relationship management: Strategies, approaches, and tools

Is your relationship transactional or outcome-based?
Defining desired outcomes that are measurable
Developing an effective outsourcing contract
Designing a pricing model that incentivizes desired behaviours
Evaluating cost/service trade-offs

Internal supply chain risks
PESTLE and external risks
Risk management principles
Evaluation and prioritisation of risks
Contingency and risk management planning

Rationale and approach to performance management
Identifying, defining, and tracking your metrics
Incentives and continuous improvement
Re-engineering supply chains end to end to minimise risk
Organisation development

Certificate

AZTech Certificate of Completion for delegates who attend and complete the training course

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Frequently Asked Questions

Common questions about our training courses

Yes, we offer tailored corporate training solutions to meet your organization's specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.

The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.

Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.

There are several convenient ways to register for our training programs:

Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.

Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.