Context Setting

Procurement process is the strategic backbone of every organization. By optimizing spending and ensuring the stability of supply chain, we can secure the resources needed to stay ahead of competition. Effective procurement is one of the key ways to achieve “more with less”.

Contract management is concerned with the continuous review and management of the contractual terms / service level agreement secured through the procurement process to ensure the outcomes agreed are actually delivered by suppliers or partners.

Objective

The objective of this workshop is to ensure our procurement activities are undertaken consistently to a high standard, efficiently and economically whilst helping achieve economic, social and environmental benefits with special focus on contract management and the best practices to remain competitive and sustainable.

We will discuss how important contract procurement is and also explore how companies can streamline contract management in procurement.

Key Takeaways

• Understanding The Procurement Contract Management Process
• Increase Efficiency and Reduce Procurement Time
• Delivering the strategic priorities agreed at the outset in a cost effective and timely manner
• Putting in place mitigation measures to identify and reduce risks 
• Deliver Value for Money
• Operating a robust contract administration system 
• Managing the closure of the project, ensuring that there are no pending issues 
• Completing the project on time or earlier. 
• Complying with applicable legislation.
• Reviews to be undertaken to ensure continuous improvement 
• Managing Service Delivery

Participation Fees

Who Should Attend / Target Audience

Coordinator