COMMERCIAL CONTRACTING in procurement and supply
About Course
When you look at the procurement element of any serious organization, a significant element of the procurement and supply function is going to revolve around contracting process
Well, what does that tell you as a procurement profession, or as an entrepreneur?
Simple you need to understand COMMERCIAL CONTRACTING!
If contracts are to be successful;
- They must be clearly defined
- Be in line with legal requirements
- Contain key clauses and terms
All of which are things you are going to learn in the course!
WHY YOU NEED THIS COURSE
After successfully completing this commercial contracting course you will be able to describe the key elements and legal aspects of formal commercial contracts, and analyse and interpret the fundamentals of specifications and key performance indicators that are included in contractual arrangements made with suppliers
WHAT YOU WILL LEARN
In order to make it easy for you to follow along I have divided this course into various modules or sections which can be summed up into three broad parts:
- Understand the legal issues that relate to the formation of contracts
- Understand the fundamentals of specifications and key performance indicators that are included in contractual arrangements made with suppliers
- Understand the key clauses that are included in formal contracts
With those you get series of lessons explaining various aspects of commercial contracting or commercial agreements with purchasers and suppliers
MATERIALS YOU WILL ACCESS
- Over 50 video lessons
- Pdf downloads
- Articles
All designed to make you the best at commercial contracting
SO, LETS GET STARTED!
Course Content
Analyse the documentation that can comprise a commercial agreement for the supply of goods or services
-
Introduction and Overview
02:09 -
The thing about commercial agreements (contracts)
05:46 -
The thing about quotations
03:37 -
Regarding Tenders and Tendering process
06:38 -
Developing specifications
07:07 -
Key performance indicators (KPIs)
03:22 -
Do KPIs need to be contractual?
03:01 -
Consequence of meeting or not meeting the KPI targets
00:00 -
Understanding Contractual terms
09:38 -
Standard and model form contracts
01:50 -
PDF DOWNLOAD: Examples of model forms of contract
00:00 -
Key sections of the contractual terms document
03:09 -
Pricing and other schedules
04:35