Brief Overview:

Contract management is very crucial in all Supply Chain Management dealings.SCM Head handling the Contracts should be fully conversant with the variousprovisions of the Contract which will have a very critical impact during theexecution process. Also Legal implications of not doing the Contract with all therelevant clauses explicitely addressed would result in delays in Project, costoverruns, embarassments down the line and in certain circumstances may alsostall the Projects. Hence it is very much imperative that the persons in the SCMfield should be fully conversant of the various steps in making a contract and alsothe legal and remedial actions during Project execution .

Session content:

• Definition of Contracts
  Types of Contracts
  Statutory Provisions governing Contracts
  General Principles of Contract
  Pre contract stages
  Acceptance of Contract
  Amendment to Contract
  Termination of Contract
  Post Contract Management
  Risk Purchase and claim for General Damages
  Case Study on Contracts and Consequences of faulty contracts

For Whom:

• Heads of Department,
  Managers-Purchasing and SCM executives,
  Store managers and executives
  Production managers and executives
  Consultants from all functional areas.

Key Takeaways:

To be aware of the changed role of SCM Managers with clear knowledge ofContract Management Principles and Techniques
To apply effective Contract Management techniques to identify issues.
To avoid any embarassments in Project execution due to defective contracts
To identify and mitigate any possible risks of a poor Contract
To play a crucial role in drafting a Good contract incorporating all the relevantclauses and avoiding any disputes during Project execution stage.

Facilitator profile:

N Swayambhu

Mr. N Swayambhu, SCM Consultant, has an experience of overthree decades in SCM functions in Corporate ManufacturingIndustries and have trained many SCM Professionals toeffectively Manage and optimize their Vendor Base . He is aMechanical Engineer from Guindy Engineering and has donePost Graduate Diploma in Materials Management. Has been aguide to several students of SCM Courses and also supportedDoctoral research in SCM. Has hands on experience in workingwith Corporates and MSMEs to identify their weak areas andhelp in bridging the same for overall improvement. He is theVice- President-South of Indian Institute of MaterialsManagement and has conducted several workshops forManagement forums like IIMM, MMA, CII etc.

Fee Details:

• Fee's Details
• Member amount : Rs 0.00- (Including 18%GST)
• Non Member amount : Rs 0.00- (Including 18%GST)
• Total Member count :