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Today's litigious environment can make or break a company based on contractual elements. These courses provide introduce strategies to establish and execute contractual agreements for goods, services, or technology to meet the strategic needs of the organization. Factors such as the type of contract, terms and conditions, duration, performance monitoring and options for termination must be considered when selecting a supplier. Supply management professionals will collaborate with the organization's legal and risk management experts to create optimal agreements, including master agreements. Also learn to manage the full life cycle of activities regarding agreements, including full contract management oversight.