Designing Strategies to Manage Legal Liability in Contracts

Course Overview

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.