Structure records of contract life cycle management so that they answer the questions an auditor will actually ask.
The Contract Life Cycle: From Preparation to Closure and Final Evaluation
Develop the judgement and the documentation needed to run contract life cycle management properly.
📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Warehouse performance on contract life cycle management is decided by layout and discipline long before technology. Single sourcing on cycle management looks efficient until the day it is not. The programme converts this aspect of procurement and supply operations from an area of general awareness into a set of repeatable practices. The version of contract life cycle management described in the manual and the version practised on the floor tend to diverge over time. Participants who influence this strand of procurement and supply operations without directly controlling it will find the content directly usable. Work is grounded in real cases drawn from cycle management, which each participant adapts to conditions in their own organisation. The professional literature on contract life cycle management converges on a small set of controls that reliably work. The outcome is a practitioner who can hold a position on cycle management and revise it on evidence. The course ends by identifying what the participant will stop doing to make the wider procurement and supply operations agenda sustainable.
Expected Learning Outcomes
Reduce the working capital tied up in cycle management without creating stock-outs.
Assess the current state of contract life cycle management against a structured set of criteria rather than impressions.
Reduce avoidable variation in how cycle management is carried out across teams.
Design receiving, storage and picking flows supporting contract life cycle management.
Plan the disposal or return route for obsolete and damaged stock in cycle management.
Establish traceability from supplier through storage to point of use for contract life cycle management.
Who Should Attend
Engineering and maintenance staff specifying requirements for contract life cycle management.
Internal auditors reviewing how cycle management is designed and operated.
Supply chain planners forecasting demand for contract life cycle management.
Supplier relationship managers developing partners in cycle management.
Warehouse and stores managers operating contract life cycle management.
Managers in small and medium organisations who own cycle management alongside other duties.
Course Modules
Contract life cycle management: supplier evaluation, award and contract terms
2 sessions · 8 pointsSession 1Laying out the warehouse around how contract life cycle management actually moves
- Evaluate contract life cycle management on total cost of ownership across the full life.
- Write down the assumptions underpinning the approach to cycle management.
- Calculate reorder point and safety stock for each item in contract life cycle management.
- Set the consequence for failing service levels on cycle management, and apply it.
Session 2Setting reorder points and safety stock for cycle management
- Map the handovers in contract life cycle management between functions and secure them.
- Arrange the handover of cycle management so capability survives staff changes.
- Map the physical flow of contract life cycle management through receiving, storage and dispatch.
- Record the rationale for each significant choice made about cycle management.
Cycle management: measurement, savings validation and reporting
2 sessions · 8 pointsSession 1Proving the savings claimed on cycle management were real
- Define the trigger that would require contract life cycle management to be redesigned.
- Check that cycle management still works when volumes rise unexpectedly.
- Confirm traceability from supplier to point of use for contract life cycle management.
- Validate claimed savings on cycle management against actual invoiced spend.
Session 2The single point of failure inside cycle management
- Identify where judgement in contract life cycle management is legitimate and where it is not.
- Segment spend on cycle management by value and supply risk before choosing an approach.
- Check the delivery terms and customs classification applied to contract life cycle management.
- Set escalation thresholds for cycle management that work out of hours.
Cycle management: customs, documentation and cross-border movement
2 sessions · 8 pointsSession 1Choosing the right sourcing approach for cycle management
- Establish what evidence demonstrates contract life cycle management is under control.
- Collect evidence on the present handling of cycle management before proposing changes.
- Remove steps in contract life cycle management that add effort without adding assurance.
- Define measurable service levels in the contract covering cycle management.
Session 2Who answers for contract life cycle management, and to whom
- Reduce the variation in how contract life cycle management is carried out between teams.
- Write the specification for cycle management so two suppliers would price it the same way.
- Rehearse the briefing on contract life cycle management that would follow an incident.
- Set the stock count cycle for cycle management and act on discrepancies.
Cycle management: warehouse layout, flow and handling
2 sessions · 8 pointsSession 1Closing out cycle management and capturing what was learned
- Identify slow-moving and obsolete stock inside contract life cycle management and decide its fate.
- Plan the sequence in which improvements to cycle management will be introduced.
- Review the audit trail for the last three award decisions on contract life cycle management.
- Apply ethical and environmental criteria to supplier selection in cycle management.
Session 2Building lasting competence in cycle management
- Assess supplier financial health for critical elements of contract life cycle management.
- Prepare the response for the most likely failure in cycle management.
- Confirm that contractual obligations around contract life cycle management are understood.
- Review whether inventory policy on cycle management still matches actual demand.
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.