Building Long-Term Supply Contract Models and Performance Guarantees

Build a working method for long-term supply contract models that stands up to scrutiny and survives daily pressure.

📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

Inventory tied up in long-term supply contract models is capital the organisation cannot use elsewhere. Most procurement disputes about contract models originate in a specification written too quickly. The programme uses small-group work so that each participant's treatment of the wider procurement and supply operations agenda is examined, not just described. Comparative studies of long-term supply contract models across sectors find the same handful of failure points recurring. They leave able to brief senior management on the practice within procurement and supply operations in terms that support a decision. Participants leave with a method for contract models, not a set of opinions about it. It suits anyone whose decisions touch long-term supply contract models, in large organisations and small ones alike. What blocks progress on contract models is usually unclear ownership rather than unclear intent. Participants finish with a short, specific brief on the wider procurement and supply operations agenda ready to put in front of a decision maker.

Expected Learning Outcomes

01

Adapt recognised practice on long-term supply contract models to local constraints without hollowing it out.

02

Reduce the working capital tied up in contract models without creating stock-outs.

03

Handle the trade-offs in long-term supply contract models between speed, cost and assurance explicitly rather than implicitly.

04

Establish traceability from supplier through storage to point of use for contract models.

05

Verify that improvements to long-term supply contract models have held six months after they were introduced.

06

Write a specification for contract models that suppliers can price without guessing.

07

Prepare the audit trail for every award decision under long-term supply contract models.

Who Should Attend

01

Quality staff inspecting incoming material in long-term supply contract models.

02

Technical staff being prepared for supervisory responsibility over contract models.

03

Contract managers administering agreements covering long-term supply contract models.

04

Engineering and maintenance staff specifying requirements for contract models.

05

Supplier relationship managers developing partners in long-term supply contract models.

06

Anyone whose accountability for contract models exceeds their current formal training in it.

Course Modules

01

Long-term supply contract models: measurement, savings validation and reporting

2 sessions · 8 points

Session 1Making supplier performance on long-term supply contract models mean something

  • Name a single owner for each element of long-term supply contract models.
  • Check the delivery terms and customs classification applied to contract models.
  • Agree the escalation route when supply of long-term supply contract models is disrupted.
  • Identify slow-moving and obsolete stock inside contract models and decide its fate.

Session 2Choosing the right sourcing approach for contract models

  • Identify single points of dependency in long-term supply contract models and reduce them.
  • Agree the indicators that will show whether contract models is improving.
  • Calculate reorder point and safety stock for each item in long-term supply contract models.
  • Write the specification for contract models so two suppliers would price it the same way.
02

Contract models: supplier performance and relationship management

2 sessions · 8 points

Session 1Evaluating suppliers on contract models beyond the lowest number

  • Negotiate payment terms on long-term supply contract models without pushing suppliers into distress.
  • Set out how exceptions to contract models are requested and approved.
  • Assess supplier financial health for critical elements of long-term supply contract models.
  • Validate claimed savings on contract models against actual invoiced spend.

Session 2Reading the current state of contract models honestly

  • Review whether inventory policy on long-term supply contract models still matches actual demand.
  • Set escalation thresholds for contract models that work out of hours.
  • Define acceptance criteria for long-term supply contract models in advance.
  • Review the audit trail for the last three award decisions on contract models.
03

Contract models: supplier evaluation, award and contract terms

2 sessions · 8 points

Session 1Contract terms on contract models that survive execution

  • Reduce the variation in how long-term supply contract models is carried out between teams.
  • Define the trigger that would require contract models to be redesigned.
  • Map the handovers in long-term supply contract models between functions and secure them.
  • Decide what will be stopped to create capacity for contract models.

Session 2Comparing long-term supply contract models with recognised practice

  • Segment spend on long-term supply contract models by value and supply risk before choosing an approach.
  • Agree what will be standardised in contract models and what will not.
  • Review whether long-term supply contract models is aligned with the objectives of the supply function.
  • Identify single-source dependencies in contract models and cost the alternatives.
04

Contract models: continuity, risk and single points of failure

2 sessions · 8 points

Session 1Closing out contract models and capturing what was learned

  • Benchmark the organisation's long-term supply contract models against comparable operations.
  • Map the physical flow of contract models through receiving, storage and dispatch.
  • Remove steps in long-term supply contract models that add effort without adding assurance.
  • Close out actions on contract models rather than leaving them open indefinitely.

Session 2The single point of failure inside contract models

  • Set the stock count cycle for long-term supply contract models and act on discrepancies.
  • Collect evidence on the present handling of contract models before proposing changes.
  • Define measurable service levels in the contract covering long-term supply contract models.
  • Evaluate contract models on total cost of ownership across the full life.

Choose the package that suits you

Silver Package

At least 3 people

USD1,250
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Gold Package

At least 3 people

USD1,850
  • 5-night stay in a 5-star hotel
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Complete your registration

We will contact you within one business day to confirm.