A solid contract management process extends beyond negotiating and drafting effective contracts. In this blog, you’ll learn how vendor contract management helps you achieve key procurement goals. We’ll also provide the steps you need to implement to create an effective contract management process. What is vendor contract management? Vendor contract management has many … Read more
Your contract renewal with your supplier is an opportunity for you to improve upon your current contracts and furnish new standards that could affect your business positively. If you or your business have neglected to manage contract renewals efficiently, you run the risk of setting the company back in a number of ways. Without being … Read more
As the end of the year approaches, now is the time to prioritize and work on vendor strategic sourcing projects. There are a variety of types of exit language that protect a business from being trapped in a deal if things change down the road. It’s easy to get comfortable with initial agreements as relationships … Read more
