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Supplier contracts & agreements deliver successful outcomes

Risks and uncertainty in business failure so you need agreements that protect your supply chains
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Created by Steve Wills

8.9

CourseMarks Score®

9.9

Freshness

N/A

Feedback

7.4

Content

Platform: Udemy
Price: $19.99
Video: 1h 38m
Language: English
Next start: On Demand

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Detailed Analysis

CourseMarks Score®

8.9 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness Score

9.9 / 10
This course was last updated on 3/2021.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Student Feedback

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Content Score

7.4 / 10
Video Score: 7.8 / 10
The course includes 1h 38m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 2 hours 08 minutes of 11 Contract Management courses on Udemy.
Detail Score: 8.9 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 5.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
0 resource.
0 exercise.
0 test.

Table of contents

Description

Supplier Contract Overview
A supplier contract is a legal agreement between a business and a supplier to establish the delivery of a set of products or services. Such agreements are used as a means by which to measure the performance of the supplier. In addition to itemizing the materials to be supplied, the supply contract will establish the responsibilities, timeframes, payment, and pricing for the deal.
If properly executed, the supplier contract will help you derive the most value from the supplier relationship. Also, by requiring one, you will compel your external suppliers to take their relationship with you more seriously. It will also make managing your suppliers easier. For these reasons, this contract should be used any time that purchasing from suppliers is necessary.
Tips for Successfully Managing Supplier Contracts
You will likely have to manage multiple supplier contracts at once for your business. Not having a good system for doing so can lead to much frustration for both you and your suppliers, as well as the potential for decreased efficiency and increased project costs. The following tips can help you avoid this:
•Begin each buyer/supplier relationship by clearly establishing who is managing the deal and who will be the primary contact person.
•If you are running a moderate- to large-sized business, creating a small team to handle supplier contracts may be helpful.
•Use a formal screening process to choose your suppliers. A standardized system will reduce human error ad ensure vendors are chosen fairly.
•Keep supplier contracts in a shared database for easy access by managers or other concerned individuals. Contract management software may help you do this.
Having a good relationship with suppliers can also help with contract management. Treating the relationship as a true partnership can help you effectively manage costs and maintain project schedules and quality standards, since the suppliers may be more willing to go the extra mile for you. Maintaining a healthy supplier relationship can be achieved in part by:
•Maintaining open lines of communication.
•Using contract review to evaluate performance or solve problems should they arise.
•Identifying and acting upon opportunities to develop new goals together.
•Treating the supplier fairly and avoiding duplicitous behaviour.

Requirements

• An expert understanding of supplier provisions for goods and services . Supplier contracts are a core business competence

You will learn

✓ Draft legal contracts and agreements with suppliers that mange the service and bring success in a business

This course is for

• What ever your role in an organisation supplier agreements provide insights to efficiency and Performance

How much does the Supplier contracts & agreements deliver successful outcomes course cost? Is it worth it?

The course costs $19.99.
The average price is $22.7 of 11 Contract Management courses. So this course is 12% cheaper than the average Contract Management course on Udemy.

Does the Supplier contracts & agreements deliver successful outcomes course have a money back guarantee or refund policy?

YES, Supplier contracts & agreements deliver successful outcomes has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any SCHOLARSHIPS for this course?

At the moment we could not find an available scholarship for Supplier contracts & agreements deliver successful outcomes.

Who is the instructor? Is Steve Wills a SCAM or a TRUSTED instructor?

Steve Wills has created 5 courses that got 17 reviews which are generally positive. Steve Wills has taught 63 students and received a 3.6 average review out of 17 reviews. Depending on the information available, Steve Wills is a TRUSTED instructor.

More info about the instructor, Steve Wills

Procurement , Training and Development
Steve Wills FCIPS, MBA , is Founder of Procurement Central and a distinguished international speaker and member of the professional speakers associationProcurement Central. Steve runs Procurement Central. A Learning and Training Consultancy Practice working with major Global clients .Providing best practice procurement training programs .Procurement Central removes costs from a business budget making them profitable and more efficient. Steve and Procurement Central associates are senior procurement experts with experience and knowledge gained from operating in blue chip organisations . Profile Steve was Vice President for AXA Financial UK where he founded the award winning Global Procurement College. Steve was also a senior adviser with the Olympic Games and was instrumental in the success of the safe delivery of the London Games.Professional. Steve was awarded the highest honour that his profession (CIPS ) can bestow when he became ‘Professional of the year ‘. He is a Fellow of the Institute of Procurement and Supply and also sat on the CIPS Board of Management with responsibility for Education . He is a Supply Chain and Procurement expert with extensive experience .Steve has spoken at international conferences including : the European Institute of Procurement Management in Geneva and the Smart Procurement indaba conference in Cape Town and Johannesburg ( South Africa ) on a range of topics inlcuding:· The future direction of Procurement. What procurement look like in 2030 ,· How to speak the language of procurement -the best kept secret of a business – Procurement strategy – The future of the profession · He also delivers an international case study on solving society’s biggest problems using data and involving citizens – leveraging potential to great Supply chain managementSteve also holds selective master classes and acts as Master of Ceremonies for conferences and is also a University lecturer

8.9

CourseMarks Score®

9.9

Freshness

N/A

Feedback

7.4

Content

Platform: Udemy
Price: $19.99
Video: 1h 38m
Language: English
Next start: On Demand

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