Course Details
Contracting for Supply Management
Contracts play a critical role in sourcing, supplier performance and organizational risk management. This course provides a comprehensive foundation in supply chain contracting and contract lifecycle management.
Participants learn contract fundamentals, stakeholder management, supplier performance measurement, contract administration and communication techniques that improve contract outcomes and supplier relationships.
Recommended For
Buyers • Procurement Specialists • Contract Administrators • Supply Chain Professionals • Sourcing Professionals
What You Will Learn
- Understand the role of contracts within the supply chain to improve business outcomes
- Apply contract lifecycle management best practices to strengthen compliance and performance
- Develop effective contract terms and conditions to protect organizational interests
- Strengthen statements of work and purchasing documentation to reduce ambiguity and risk
- Engage stakeholders throughout the contracting process to improve alignment and adoption
- Implement supplier performance measurement tools to increase accountability
- Improve supplier relationship management through stronger contractual frameworks
- Administer contracts effectively from initiation through completion to improve results
- Apply communication strategies that improve stakeholder and supplier outcomes
Virtual Class Schedule:
Day 1 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 1 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Day 2 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 2 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Member Price: $1,395.00
VIRTUAL CLASS
Date
Jul 14-15, 2027
Location
Terms And Conditions
Virtual Learning Transferals: Registrations are transferable without any charge to another ISM Virtual Learning Course occurring within 12 months of the original purchase. Transferring registrations to another party are subject to price variance or change based on membership status and an additional $50 fee will be incurred. Any bundled purchases are non-refundable.
Cancellations Virtual Learning: Cancellations more than 5 weeks before the date of the course will incur an administrative charge of 50 percent. Cancellation within 5 weeks of the date of the event will be charged the full fee. You must notify ISM in writing of a cancellation. Any bundled purchases 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.