Supply Chain Foundations: Strategic Contract Management

In the dynamic world of supply chain management, contracts are the backbone of successful operations. Whether you're a warehouse supervisor, production manager, purchasing agent, or project manager, you engage with suppliers, contractors, and vendors daily. This course is designed to help you understand the various types of contracts and learn best practices for managing them effectively. Instructor Steven Brown teaches you the skills to navigate complex agreements, mitigate risks, and ensure seamless collaboration across all levels of the supply chain.

Learning objectives
Describe the essential components of a business contract.
Define the nine basic elements that structure a contract.
Explain fixed-price and cost-based contracts.
Summarize the key characteristics of each general type of contract.
Identify effective practices for managing supplier contracts.