Product Details
Contracting - Elements, Terms, and Conditions
Contracts are the foundation of successful supplier relationships, establishing clear expectations, responsibilities, and performance requirements for all parties involved. To achieve desired business outcomes, organizations must effectively define requirements and translate them into well-structured contractual agreements.
In this course, you will gain a practical understanding of contract fundamentals, including key terms and conditions, contract structure, and essential legal and commercial considerations. Participants will learn how effective contracting supports compliance, reduces risk, and helps ensure the successful delivery of goods and services. By the end of the course, you will be equipped with the knowledge needed to contribute to stronger contracts, better supplier relationships, and improved organizational outcomes.
Access to this course is available for 60 days from the date of purchase.
Member Price: $195.00
ELEARNING
Product Details
What You Will Learn
- The six elements that must be present in a contract to make it a valid, legally enforceable document.
- Understand the distinct areas in which an oral contract will not support the business.
- Gain a basic overview of where a written contract is necessary.
- When to use different types of contract, depending on the goods or services.
- Expore the most common and critical terms and conditions that you are likely to encounter.
Recommended For
Buyers • Procurement Specialists • Contract Administrators • Supply Chain Professionals • Sourcing Professionals
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CEH Credits1.0
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Product CodeEL-3603
Terms And Conditions
CERTIFICATES
ISM Promotions: ISM promotions are applicable to registrations where other promotions and discounts have not been applied. Any promotion that contains a deliverable by ISM shall be delivered upon the conclusion of the event and verification of your attendance. ISM reserves the right to substitute any promotion with equal or lesser value.
Cancellation of Certificates: Upon purchase, these courses are non-refundable.
Tax Deduction: The Internal Revenue Service may permit an income tax deduction to U.S. residents for expenses (including registration fees, travel costs, meals and lodging) incurred in pursuit of continuing professional education. Consult your tax adviser for details.
RESEARCH
Cancellation: Research purchases are non-refundable.
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