Role of Risk Management in Managing Supplier Contracts and Business Continuity

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This Skill Bit shows that contract managers play a key role in risk management for supplier contracts. This involves identifying and mitigating risks, planning for business continuity, fostering communication, monitoring performance, and using contractual protections and scenario planning.

Duration approx. 3 Min.

Tier: advanced

A part of Contract Management Best Practices: A Complete Onboarding Program to Skills, Roles and Responsibilities for Professionals course.