In a world where resources are finite, demand management has emerged as a critical strategy for organizations seeking to optimize … More
Tag: contracting
Incorporating Supplier Contract Management Costs into the Contract Management Model
When building a robust contract management model, it’s essential to account for every factor that influences the total cost and … More
The Role of Contract Managers in Commercial Strategy and the Importance of Structured Handovers
The effectiveness of any commercial strategy hinges on seamless execution, and contract management plays a pivotal role in bridging the … More
Building a Foundation for Success: Well-Defined Contracting Processes and a Clear Contract Management Plan
Contracts are the backbone of business relationships, serving as a formal agreement that outlines responsibilities, expectations, and deliverables. Yet, for … More
Incorporating Total Cost of Ownership into the Contract Management Lifecycle
Understanding the Total Cost of Ownership (TCO) is a critical component of effective contract management. TCO accounts for all costs … More
Ensuring Successful Deployment of Segmentation Strategies and Models
Segmentation strategies and models are vital tools for businesses striving to target their audiences effectively, optimize marketing efforts, and improve … More
How to Ensure Your Category Strategy Covers 99% of the Category Expenditures
Creating an effective category strategy is no small feat, and ensuring it captures 99% of your category expenditures can feel … More
Why Category Managers Need to Create and Deploy Commercial Change Management Strategies
Category managers and strategic sourcing practitioners are at the forefront of driving value and maintaining competitive advantages. While their role … More
The Integration of Category Strategies in Strategic Sourcing with Contracting Strategies
The realm of procurement is ever evolving, demanding innovative approaches that align with organizational goals. One such approach gaining significant … More
How the Public Sector Champions Public Policy through Supplier Relationship Management
In a landscape where public policy is the bedrock of societal welfare, the public sector continuously evolves to meet the … More
Contracting.blog 