Ernest G. Gabbard, JD, C.P.M., CPCM
Ernest G. Gabbard, JD, C.P.M., CPCM, Allegheny Technologies, Inc. - 412-252-3168, email@example.com
The procurement/supply chain profession is clearly transitioning from placing purchase orders to establishing and managing comprehensive contracts with strategic suppliers. This has created a need for procurement/supply chain professionals to develop and refine contract preparation and contract management skills. For some of our more complex transactions, there will also be a need to develop contract administration and management skills among other company employees who will monitor supplier performance on our behalf. This article will provide a summary of some key elements of contract writing and management which are relevant in the contemporary procurement environment.