Overview
More and more business is being conducted by external resources under contracts that are managed for the company by line staff drawn from many functions. This creates opportunities for great benefits to be gained but is also full of potential pitfalls, which can lead not only to loss of expected benefits but to serious unnecessary expense in the worst cases. Purchasing and contract management provides significant opportunities to save money, drive efficiency, increase profitability and drive mutually beneficial relationships with suppliers and contractors. This program gives participants the ability to get the best contract into place during the “upstream” phase leading up to contract award, ensuring that expected benefits are realized and expenditure is not wasted.
