Purchasing Contract Administration

Stop worrying about negotiating a purchase agreement and start understanding the best practices of contract administration.

Negotiated an important deal recently? How’s that deal working out for you? Are you sometimes surprised at how long it can take to negotiate and execute even simple purchasing agreements? Worried about missing something important when negotiating a purchasing agreement? Hate the feeling that a major gotcha is lurking? What does it take to establish and maintain great purchasing contracts and agreements? What keeps you up at night about your purchasing contracts?

This topic is an introductory course in understanding how to add real value and avoid tragedy through the contract administration process. It will provide best practices from successful companies, tips on how to approach difficult purchasing transactions and insights into the practical problems of taking a deal from start to finish. This topic tells it how it is, as well as, how it should be and how it can be, for new procurement professionals and contract administrators, as well as those who have been around the block but always want to hear how others are getting it done well. You will be provided with an understanding of current issues, future trends and ways to demonstrate how valuable you are to your organization.

Faculty

Fernand A. Lavallee

Jones Day