Because supply management professionals must ensure that contracts protect the interests of their organizations, the ability to understand contract clauses is a key skill. This seminar addresses many of the standard terms found in most contracts as well as the impact of electronic purchasing. Discussions include key terminology and clauses that you will be able to use when forming agreements with your suppliers. Extensive examples of contract language are provided. You are encouraged to bring your own contracts, clauses, and/or purchase orders for a hands-on review session. For additional courses in ISM's Legal and Contracting series, see also Purchasing and the Law: The Basics You Need to Succeed, Contract Writing for Purchasing and Supply Management: Beyond the Basics, Legal Considerations of Software Licensing and Other Technology-Related Agreements, and Performance-Based Statements of Work (SOWs): Maximize Supplier Performance.
Bring copies of your Ts and Cs, purchase orders or contracts for a hands-on review session.
Both new and experienced contracting, purchasing and supply management professionals who desire to understand basic contract premises and law, as well as a detailed introduction to contract terms and conditions. Suggested Prerequisite: Purchasing and the Law: The Basics You Need to Succeed