Inventory tied up in contractual legal liability is capital the organisation cannot use elsewhere. Single sourcing on this aspect of procurement and supply operations looks efficient until the day it is not. Participants test their assumptions about the practice within procurement and supply operations against scenarios designed to break weak ones. The course covers contractual legal liability at the level of detail needed to act, and stops there. Where the procurement and supply operations discipline is measured, it improves; where it is only discussed, it drifts. Participants gain a realistic view of what the practice within procurement and supply operations costs and what it returns. Participants who influence contractual legal liability without directly controlling it will find the content directly usable. Plans for the procurement and supply operations discipline often fail at the handover point between functions. The programme ends where implementation begins, with this aspect of procurement and supply operations broken into steps someone can start on Monday.
Expected Learning Outcomes
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Build a supplier performance regime covering contractual legal liability with real consequences.
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Integrate contractual legal liability into existing management routines rather than running it separately.
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Plan the disposal or return route for obsolete and damaged stock in contractual legal liability.
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Reduce avoidable variation in how contractual legal liability is carried out across teams.
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Translate policy on contractual legal liability into procedures that hold up under day-to-day pressure.
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Reduce the working capital tied up in contractual legal liability without creating stock-outs.
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Integrate contractual legal liability with demand forecasting and production planning.
Who Should Attend
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Operations staff who encounter the consequences of contractual legal liability directly.
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Internal auditors reviewing how contractual legal liability is designed and operated.