Supplier Contract Management Best Practices

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7 lessons45 minFree
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About this course

Adopt industry-proven best practices for supplier contract management.

  • 7 lessons
  • 45 min
  • intermediate

What you'll learn

  • Define supplier contract management and explain its role in procurement and supplier relationship management
  • Identify the key phases of the contract lifecycle and the responsibilities of contract owners and stakeholders
  • Identify the essential clauses and terms that should be included in a supplier contract
  • Apply techniques to write clear, measurable performance obligations and payment terms
  • Prepare a negotiation plan based on risk assessment and supplier criticality
  • Apply interest-based negotiation techniques to achieve balanced outcomes

Finishing the course

  • 28 knowledge-check questions along the way, so you know the ideas stuck before you move on.
  • Watching is free and needs no account. Sign in to save your progress. Pass each lesson's quiz (60%+) to earn the certificate. Each certificate has its own public verification link to share, marked quiz-verified.