Improving supplier performance isn’t just about reacting to problems – it’s about building a proactive, structured approach that transforms transactional … More
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Ten Methods to Manage Financial Changes to Contracts in a Fair Manner
Contracts are the financial backbone of business relationships. They define how much is paid, when, and for what. But no … More
Ten Methods to Assess Adding New Goods or Services Under a Contract: From Should-Cost to Market Analysis
Contracts are designed to be stable – but not static. As business needs evolve, organizations often find themselves needing to … More
Ten Methods to Clearly Establish Governance for Contractual Change: Who Approves, What Changes, and How It Happens
Contracts are living documents. They’re drafted with precision but rarely remain untouched throughout their lifecycle. Market shifts, regulatory updates, operational … More
Ten Factors to Consider When Establishing Dispute Resolution Processes: Adjudication, Mediation, and Arbitration
Disputes are an inevitable part of business relationships. Whether they arise from contract misunderstandings, performance issues, payment delays, or scope … More
Ten Methods to Ensure Contingency Plans Are in Place to Handle Supplier Failure – Short-Term and Long-Term
Supplier failure is one of the most disruptive risks in supply chain and contract management. Whether it’s a missed delivery, … More
Ten Ways to Ensure Defined Escalation and Reporting Routes Are in Place for Risk Governance
Risk governance is the backbone of organizational resilience. It’s not just about identifying risks—it’s about knowing how to respond when … More
Post-Award Payment Model Changes: How to Implement Contract Variations That Deliver Value for Money
In the lifecycle of a contract, change is inevitable. Market conditions shift, project scopes evolve, and unforeseen challenges arise. One … More
Aligning Performance and Partnership: How Supply and Contract Management Can Ensure Effective Incentive Mechanisms with Suppliers and Contractors
In today’s competitive and interconnected business landscape, the success of an organization often hinges on the performance of its suppliers … More
Ten Ways to Ensure Team Members in Both Customer and Supplier/Contractor Organizations Understand Dispute Escalation Processes
Disputes are inevitable in business relationships – especially in complex projects involving multiple stakeholders. But when escalation processes are unclear, … More
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