Many supply chain professionals learn the basics of contracting on the job. However, to advance in your profession, you’ll need to develop more sophisticated contracting skills. This supply chain management course will provide you with advanced contracting know-how to progress in your career and take on new challenges. In this “beyond the basics” contracting course, you’ll build upon your existing contract knowledge and take it a step further by focusing on how to construct effective customized agreements. For hands-on practice, you’ll review numerous contract clauses and their uses in various situations, including services, software, construction and e-commerce. This course will also address contracts from a global perspective to prepare you with global contracting skills, an in-demand skill set. To ensure this course is applicable to your specific role, you're invited to have copies of your contracts for reference during the program.

Intended for ISM Corporate Program Participants

In today's rapidly changing business environment, navigating tariffs and managing costs effectively are critical for procurement success. Join us for an insightful webinar where Kloopify experts delve into strategies to optimize supplier negotiations, meet regulatory requirements, and mitigate financial risks amidst fluctuating tariffs and economic dynamics. Discover practical insights and real-world examples showcasing how Kloopify's advanced AI platform empowers organizations to gain visibility into costs, enhance supplier relationships, and achieve sustainable cost control. This webinar offers essential knowledge for procurement professionals looking to drive efficiency and strategic value within their organizations.

Supply management professionals are constantly encouraged by senior management to expand strategic cost management efforts. Strategic cost and price management is the process of relating meaningful information to a firm’s business strategy using value chain analysis, strategic positioning analysis and cost driver analysis. A range of tools and techniques can be used, including complexity reduction, greater standardization, tighter management of specifications and demand, compliance management, price benchmarking, should-cost analysis, and total cost of ownership analysis. You will learn strategies to improve profits through shaping both the bottom line and top line of your organization. You will have 60 days access after the last day of the course.