1999 Purchasing Today 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.
It might be time to renegotiate your major contracts. Take the following steps.
Understanding the difference between agreements, contracts, and trading partner agreements will help prevent legal ambiguities.
How many of us have read contracts that were mind-bogglingly complex, and may have even seemed to be written in a foreign language? While it's important to recognize that a contract represents the legal obligations of the contracting parties, it's equally important to balance this with the necessity to make it comprehensible - maybe even simple.
Communication, education, and training are key elements to ensure the final contract is followed by your internal users.
Need to review your suppliers' agreements? Here are a few tips to help you measure and rework them.
Frequently as purchasing and supply professionals, we face the challenge of shifting from known to unknown activities which have a similar look and feel, but which at the heart of the transaction contain some fundamental differences. For example, consider the differences between a standard statement of work (SOW) for a particular part or material versus a SOW defining professional services. They both contain a statement of work defining supplier performance, yet their differences need to be understood before you can successfully proceed in this area of negotiation.