Close
Close

QUICK SEARCH
Search your Courses by Keywords


An intensive professional development training course

The Complete Course on Contracts
and Supply Chain Best Practices

Why Choose this 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

 

The Structure

This comprehensive course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses.

Module 1 - The Complete Course on Contracts Management

Module 2 - Supply Chain Best Practices

 

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 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

Module 1: The Complete Course on Contracts Management

Day One: What are Contracts and how are they Created?

  • 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

 

Day Two: The Structure of Contracts

  • 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?

 

Day Three: Collateral Documents

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

 

Day Four: Change and Variation

  • 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

 

Day Five: Resolving Disputes

  • 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

 

Module 2: Supply Chain Best Practices

Day Six: Understanding the Supply Chain

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

 

Day Seven: Unlocking your Cash: Inventory Management and Optimization

  • 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

 

Day Eight: A New Paradigm for Outsourcing

  • 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

 

Day Nine: Identifying Supply Chain Instabilities and Risks

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

 

Day Ten: Rethinking the Supply Chain and Improving your Results

  • 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

 

The Certificate

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

DO YOU WANT TO
LEARN MORE ABOUT THIS COURSE?

Request for In-House Solutions
Request for
In-House Solutions
Request for More Details
Request for
More Details
Share this Course With a Colleague
Share this Course
With a Colleague
Request Brochure
Request for a
Course Brochure

Send to Colleague

© 2022. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Send Successfully

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

USE THE COURSE FINDER TO
BROWSE OVER 400 COURSES

Online Training

DISCOVER OUR
ONLINE TRAINING
COURSES

LinkedIn
Facebook
Twitter
WhatsApp
Email
Other