2005 Inside Supply Management Article Index
Term selected: Contracts
A valuable reference tool, the Article Index is a comprehensive list of articles that have appeared in Inside Supply Management® (formerly Purchasing Today® and NAPM Insights®) magazine. Articles are organized by subject for easy locating and study.
Armed with appropriate warranties in their agreements, supply managers are assured that the goods or services they purchase will meet their expectations.
Supply managers must understand the legal differences that exist in the procurement of services when drafting and enforcing contracts.
As an alternative to fighting "the battle of the forms," why not understand what suppliers are looking for in contracts and structure yours as such?
Is doing business on a handshake a mistake? Minimize your risk in business transactions by backing up your oral agreements with legally binding written contracts.
A well-drafted and enforceable MFC clause will ease your mind about obtaining competitive prices and terms over the duration of the contract.
In the event of a breach of contract, will your consequential damages clause be enough to recover damages?