Supplier Contract Management Best Practices
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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.