An Introduction to Supply Chain Contracting - Managing Risk & Ensuring Business Success
As business operations become more complex, speedy, and of a global nature, organisations must prepare to do business in new ways. Distinguishing between in-house projects and outsourced (or ‘out-house’) projects via supply chains is the starting point.
Recognising the need for both clear and robust contract management and agility when faced with risks, practical challenges or the unknown is the key to successful supply chain contracting. In addition, contracts which are flexible drive cost efficiency and minimise delays.
This webinar explores key areas for the top-to-bottom contract chain, from choosing suppliers, and risk analysis (including reputation risk), to the kind of terms to consider including in supply contracts to manage risk. It also explores supportive tools such as data management, communications platforms and AI and foresees what is next for technology.
It will leave you knowing what you have to do, when, and why. In addition, it also delves into the practical side of projects, and how stress-testing the supply chain can smooth the way to success.
The webinar is designed for all individuals who advise on and manage projects particularly those in outsourcing and procurement whether at client, contractor or supplier tier. It will be especially relevant to contract managers and project managers who are at the sharp end of projects. It applies across industry and whether in the private or public sector.
What You Will Learn
This webinar will cover the following:
- Supply chain - the backdrop and current status
- Exploring the supply chain
- Who does what and when
- Pressure points/ challenges to success
- The importance of flexibility
- Supply contracts
- Choosing a supplier - the risks of out-house
- Why stress-testing should always be done
- Tools to support supply chains
- What we can use now - data management; communications platforms; and AI
- Looking ahead for technology - what’s next?
- The market - trends for 2021 and beyond
- Summary take-aways
This pre-recorded webinar will be streamed at 12:30pm on Tuesday 19th October 2021 and will remain available to view by delegates who have registered by then for 90 days.
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