(This course is available for immediate delivery) The legal department isn’t looking out for your best interests anyway; they are trained to look for totally different things than you are.
Purchasing Advantage – Power Secrets of Purchasing Contract Law
“Discover How You Can Virtually Eliminate Redlining and Slash Your Overall Time Spent On Contracts and Excursions While Getting Far Better Results With My Purchasing Contract Power Secrets – Guaranteed!”
Your success will depend on your contract of The reason you get stuck.
Dear Purchasing Pro,
The feeling is well-known. It’s that pit in your stomach that you get when a supplier redlines your contract.
Now that you know what the contract looks like, it must be submitted to the legal department for approval. That is where contracts end.
You blasted the legal department. Why are they so slow?
That’s when things slow to a halt, and the lawyers go at it – but only when they are good and ready.
There are a lot of them. of Contracts before of Keep your head up, the legal department is not as urgent to close the deal.
Why was the supplier required to redline your contract. Why is the legal staff so insufficiently staffed?
Your customer is in a rush, you raced to get the contract done, and now it’s come back marked up in red ink from the supplier.
What will happen to your negotiation timelines and how will you explain this to the client so that he/she can see that it is not your fault.
How can we speed up or stop this time-consuming process?
First, you must change your perspective about contracts. It is possible to avoid all the pain and heartache that comes along with negotiating contracts.
It’s preventable in six ways:
First, you must stop believing that legal owns the contract. A contract approved by legal is a valid contract. You could not be more wrong!
Legal can be looking for totally different things from you, so a contract approved by the legal department may still be a bad deal for your business and cause you endless frustration.
Second, stop contracting to purchase goods and services and start contracting to deliver performance results. Don’t forget, your customer asks for goods and services, but they will always complain about the performance results.
Third, to protect suppliers from the possibility or desire to redline contracts, you can use powerful insider secrets.
Fourth, use a trick of The total cycle time for contract negotiation by purchasing masters to SLASH contracts is 75% or more. Think of What you could do with that time?
Fifth is to stop thinking the standard contract template – which is just a piece of paper that has no idea whether you’re buying office supplies or nuclear weapons – offers enough protection for your situation specific purchase.
You can pay now or later when you sign a contract. You will pay later if you simply add a SOW to a standard contract template. Don’t fall victim to this.
By the way, don’t think you need to know “legalese” It is possible to modify or create a contract. This myth is holding down the profession like a lead-weight!
Sixth, you need to STOP using the contract as a seatbelt during the event of To ACTIVELY VIEW IT and USE IT TO IMPROVE supplier performance and PREVENT supplier deviations.
For the above to be achieved, you need to follow powerfully documented and methodical steps. These have been developed through extensive research and effort.
Once that is accomplished, contracts will shift from being a thorn in your side – something you HAVE to do – to actually being a great aid to achieving world class results in much shorter negotiation time frames.
Contracts are something that you will want to do because they make life easier and can help improve your career, income, and job.
It’s one of One of the most rewarding experiences in your profession as a buying professional is having it all.
You won’t need to rely on the legal department any longer!
Your success will depend on your contract of This is why you can get stuck.
You will soon be an excellent internal consultant to your peers. This gets you noticed and can lead to promotion.
Because I have been through this exact cycle many times, I know. My contract law skills and knowledge made me a hero at my Fortune 50 company, Intel Corporation.
Follow my lead on these areas and you’ll see exactly what I mean.
It’s a great experience and will give you a boost in your career.
You should know, by the way, that this online course can be used to teach you everything in every commodity, industry, and set of global regions. of laws. Don’t think for a minute that this breakthrough training series won’t apply to you.
Others teach the definitions of Contract clauses and how to use them as safety belts in an event of Emergency, I teach the meaning and value of Each clause + definitions + how you can negotiate and customize these agreements in order to avoid excursions, improve supplier performance, reduce TCO, and lower risk.
This decreases the need for legal assistance and allows you to manage the contract negotiation process more efficiently.
I will help conquer your fear of Contracts and contract law (a real fear) can be a hindrance to your ability to manage the process.
The legal department isn’t looking out for your best interests anyway; they are trained to look for totally different things than you are.
I will also demonstrate how to tailor a contract to suit your requirements and needs, so that you can prevent unnecessary excursions. of Respond to them and you will be able to have the necessary remedies in place for when they do occur.-These terms are defined in the contract.
All of This will reduce the time you spend on contracts and trips and give you better results.
This will reduce stress and allow you to move quickly in your career.
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Course Features
- Lecture 0
- Quiz 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 260
- Assessments Yes