Contracting for Services: Review of the Contracting Process



ISM's 92nd Annual International Supply Management Conference

Las Vegas, NV
May 2007

Author(s):

Jim Haining, C.P.M., A.P.P., President, JDH Management

Jim Kiser, C.P.M., VP of Operations, ADR North America

Contracting for services differs from the typical purchasing contract for materials. The sourcing process is different and has a different set of challenges. Illustrates the basics of contracting for services, including what you need to receive from your end users and suppliers prior to formalizing a contract. Some of the important elements include the detailed scope of work (SOW), the contract terms and conditions and the process for finding a supplier.