Step 1 in managing contracts efficiently dealt with automating contract creation which helps standardize the contracting process and in step…
Till now we discussed how a successful sourcing strategy can be toppled by ineffective contract management and in our endeavor…
In the previous blog we discussed the spokes in managing contracts effectively, that the success of procurement largely depends on…
A quote from Spend matters, highlights the importance of contract management. Even though defining appropriate sourcing strategy, selecting most competitive suppliers…
Part 1 of this 2 part series provides a brief overview into the reasons for the collaboration challenges between procurement…
The contracting process has always been a major point of discontent between procurement function and legal functions within an organization.…
What is Contract Management? Contract Management is the management of contracts businesses sign with their employees, customers, partners, and vendors.…
A recent study of 600 procurement and supply management professionals representing an estimated $370 billion or more worth of collective…