CONTRACT LAW IN PROCUREMENT AND SUPPLY
If you are interested in booking a course with us please contact our Operations Manager via email at firstname.lastname@example.org
Why this course is different
We turn theory into practice. Using interactive exercises and case studies within an energised learning environment delegates will explore what exactly contract law is and how to use it within a business.
They will learn the legal managers’ roles and responsibilities and how to manage relationships with suppliers and business stakeholders to get the best results for the business.
Why you should attend
With business continuing to outsource its services at an increasing rate and increasing dependency on third parties the expertise in contract law and legislations have never been more critical.
With recent media exposure of contract failure costing millions of pounds in compensation and damages to both a business and an individual’s reputation, the cost from making mistakes in the contract process is exceptional.
Benefits for you
This 2-day course will provide practical skills and knowledge that you can apply in all aspects of Contract Law. Reducing time costs and risk and increasing reputation confidence and integrity for you and your business.
Who should attend?
This 2-day workshop is for procurement, purchasing, buyers, contract managers or supply chain professionals. You will learn how to develop the techniques in your business ensuring high levels of confidence, integrity and success from all parties.
Key areas covered
Preparing outsourcing and engagement with third parties:
• Specifications and defining requirements
• Assessment criteria and incentives
• Non-disclosure Agreements (NDA) confidentiality
• Legal requirements and legislation in outsourcing
• Preparation for Fast Contracting
Sourcing & supplier Selection Stages:
• Defining spend categories
• Supplier sourcing - Single or multiple source
• Sources of Law and creation of legal terms
• Key areas covered
• Contract Law and legal aspects
• International Law
Contract Award Stage:
• Key legal principles when creating contracts.
• Constructing contracts and service level agreements.
• Sources of express terms
• Model form contracts NEC3
• Legislation relating to contracts
• Core clauses liabilities and exclusions
• Offers and acceptance
• Letters of intent
• Sale of goods act
• Debriefing unsuccessful third parties
Contract Implementation management:
• Using contracts as effective tools
• Warranties and Performance guarantees
• Who has the risk and how to manage it
• Managing Performance against KPIs
Continuous Improvement Opportunities:
• Creating additional supplier value whilst reducing cost.
• Strategic partnering and Innovation
• Copyright, IPR, design right, patents, trademarks, Licences
Managing the unexpected:
• Total contractor failure- bonds and guarantees
• Force majeure
• Major incidents – containing reputational damage
• This Contract Law course will provide a best practice standard approach for procurement teams to deliver on both business and procurement objectives
• This strategic Category management course will raise your procurement profile and your credibility as a recognised business leader and partner
• This course outcome develops a strategy that delivers your procurement vision
• Through our experienced trainers that have implemented Contract Law we will transfer knowledge to you that builds value around each spend category
• This course maximises value beyond traditional price focus and looks beyond Contract Law. Including quality risk and assurance of supply chains.
• The Contract Law methodology ensures negotiation outcomes are better handled with more benefits through partnership
• The application of Procurement Contract Law ensures you have a strategy to manage suppliers’ contracts and relationships
• Contract Law will ensure selection and implementation of suppliers that meet your business needs with performance exceeding contractual commitments
• Contract Law will address challenges and changes that impact on supply chains through internal and external analysis