Essentials of Contracts

On-Site Training Only 
 Length: 2 days  
 Number of Participants: Up to 20
 Materials: Notebooks and handouts provided

This 2-day program focuses on the value of contracts and provides the supply management professional with an overview of the legal principles and contract management. Participants will learn to accurately document the results of their agreements with suppliers; learn the key aspects of the Uniform Commercial Code and critical terms of the buyer-supplier relationship; understand the various types of purchase agreements and the roles and responsibilities of the buyer, legal staff, and purchasing management in developing and approving the terms agreed upon. Regularly used terms and why they are important will be covered.

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