Key Activities in Contract and Supplier Management

Description

This Skill Bit shows that contract and supplier management involves vital activities for contract fulfillment and robust supplier relationships. Contract administration ensures effective implementation and compliance, while performance evaluation measures supplier quality. Issue resolution addresses challenges promptly, and contract amendments adapt to changing circumstances. Supplier relationship building fosters collaboration and mutual success. Compliance audits ensure adherence, and knowledge transfer secures continuity.

Duration approx. 9 Min.

Tier: advanced