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Webinar on Contract Management On 23rd October 2024 11:00 am to 04:30 pm By Mr. Ujjwal B Business Strategic specialist |
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Introduction By adopting a structured approach to Contract Management, organizations can optimize their contracts, minimize risks, and drive business success. Contract Management is the process of creating, executing, and administering contracts to maximize financial and operational performance and minimize risk. Objectives ü Contract Creation: Clear and concise drafting, ensuring terms align with business objectives. ü Contract Review and Approval: Thorough examination and authorization by relevant stakeholders. ü Contract Execution: Timely and accurate signing, dating, and documenting. ü Contract Administration: Ongoing monitoring, compliance, and performance management. ü Contract Renewal or Termination: Strategic decisions based on performance, market conditions, and business needs. Contents Ø Key Contract Management Activities: ü Contract negotiation and bargaining ü Risk assessment and mitigation ü Compliance monitoring and enforcement ü Dispute resolution and conflict management ü Contract data management and analytics Ø Benefits of Effective Contract Management: ü Improved compliance and reduced risk ü Enhanced relationships with suppliers and partners ü Increased revenue and profitability ü Better resource allocation and cost savings ü Improved business agility and adaptability Ø Contract Management Best Practices: ü Establish clear policies and procedures ü Use standardized contract templates and language ü Implement contract management software and tools ü Conduct regular contract reviews and audits ü Provide ongoing training and education |
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Profile of Faculty Mr. Ujjwal B - Business Strategic Specialist 23+ years of learning in Commercial negotiations, Procurement, Vendor Management, Supply Chain, Production Planning, Logistics, Purchasing, Warehousing, Sales and after sales, Business Consulting , Corporate Training. Domestic and Global, Lead – Asia Pacific team, exposure to Middle east, EU and US. Worked in varied Industries – Automobile, Media, ITES, Chemicals, Green Mobility, Supply Chain and Other Manufacturing organizations. Worked in various Green and Brown field projects. Currently working as Business Consultant with Multiple organizations. A Strategic specialist and corporate trainer ( Lean Management, Leadership, OB Change management, Overall Supply Chain ) with diversified experience in Integrated Supply Chain Management and International Business acumen with various Industry knowledge viz. FMCG, IT, Chemical, Automobile and Media having over two decades of experience in field of Sourcing Management, Logistics, Value Chain, Inventory Management, Plant Operations, Production Planning, Brand, Customer Relationship Management and handling multiple green field projects. Experience of handling Domestic, Asia Pacific, Middle East and US territories. Worked in top Indian and Global brands like Tata Motors, General Motors India, Avaya India, Cadburys, ABP, Fogla. Contributed in business strategy formulation and achieving volumetric business growth, business process reengineering and change management, supplier consolidation and cost optimization. Incorporation of The Strategic Consultants is with the intention of value addition to the Industry carrying the vision to design business blueprint for Logistics Organizations, 3 PL / 4 PL organizations, Manufacturing Organizations and MSMEs in India as a dedicated facilitator, companion and coach in order to support them to achieve their targets. Also to undertake specific Supply Chain related project and value addition including cost optimization. |
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Pre-requisites You should have good internet connection and good quality headphone/speaker set with Laptop / Desktop. You should have notepad/pen to note down important points. |
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How To Register
18% GST is applicable > Fees include certificate of participation & Course Material. *Terms & Conditions apply
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