Commercial Contracting in Supply Chain Course Overview

Commercial Contracting in Supply Chain Course Overview

Overview of Commercial Contracting in Supply Chain Course

The Commercial Contracting in Supply Chain [L4M3] course, spanning 60 hours, is designed for professionals with 2+ years of business experience and a basic understanding of supply chains. This Level 4 Diploma empowers you with Technical Skills and knowledge critical for excelling in commercial contracting.

You will learn to:
1. Understand legal issues in contract formation.
2. Analyze documentation like invitations to tender, specifications, KPIs, and terms.
3. Compare different Contractual agreements.
4. Develop and evaluate Specifications and KPIs.
5. Understand and analyze key contractual clauses, including pricing and performance measures.

By the end, you'll be adept at navigating complex contracts, ensuring compliance, and optimizing supplier relationships for impactful results.

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2,550

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Course Fee 2,550
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2,550 (USD)
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  • Live Training (Duration : 60 Hours)
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  • Classroom Training fee on request

♱ Excluding VAT/GST

You can request classroom training in any city on any date by Requesting More Information

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Target Audience for Commercial Contracting in Supply Chain

Introduction:


The Commercial Contracting in Supply Chain course is designed for professionals with over 2 years of experience, seeking to enhance their knowledge and Technical Skills in creating and managing commercial agreements.


Job Roles and Target Audience:


  • Supply Chain Managers
  • Procurement Professionals
  • Contract Managers
  • Legal Advisors in Supply Chain
  • Vendor Management Specialists
  • Logistics Coordinators
  • Operations Managers
  • Purchasing Agents
  • Business Development Managers
  • Project Managers in Supply Chain
  • Senior Buyers
  • Compliance Officers in Procurement
  • Supplier Relationship Managers
  • Inventory Managers
  • Commercial Managers
  • Tender and Proposal Managers


Learning Objectives - What you will Learn in this Commercial Contracting in Supply Chain?

Introduction: The Commercial Contracting in Supply Chain course (L4M3) aims to equip professionals with the essential legal knowledge and practical skills necessary to manage and create commercial agreements effectively within a supply chain context.

Learning Objectives and Outcomes:

  • Understand the legal issues that relate to the formation of contracts

    • Analyse documentation for commercial agreements (e.g., tenders, KPIs, contractual terms)
    • Assess legal issues in creating commercial agreements (e.g., offer and acceptance, misrepresentations)
    • Compare types of contractual agreements (e.g., one-off purchases, framework arrangements)
  • Understand the fundamentals of specifications and key performance indicators in contracts

    • Analyse the content of procurement specifications
    • Appraise examples of key performance indicators in contractual agreements
  • Understand the key clauses in formal contracts

    • Analyse contractual terms for external contracts
    • Recognize key contractual terms (e.g., indemnities, sub-contracting)
    • Understand various pricing arrangements in commercial agreements (e.g., fixed pricing, cost-plus)

These competencies will help professionals adeptly handle commercial contracts and maximize the efficiency and compliance of supply chain operations.

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