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Revise Contracts Now: New State Data Privacy Laws
A contract establishes an organization’s obligations and rights, serving as the framework for every business relationship. But as additional states continue to debate, approve and...
Contract Management: Bridging Buying-Selling Risks
#contractmanagement is not #sales and it is not #procurement. It is part of both. When it comes to buy and sell risks, organizations need to consider them from a single perspective in...
Defining Affective Post-Negotiation Contract Management
You finished the contract negotiations. You signed the agreement. All processes are up and running. The contract is officially a done deal, right? Not if you want it to be a complete...
Simplify Contract Negotiation and Close Deals Faster
Contract negotiations refer to the process of two or more parties trying to reach an agreement on legally binding terms. However, even if both parties have the best intentions from...
Exploring the Pre-Negotiation Phase of the Contract Lifecycle
Contract lifecycle management (CLM) is like building a house. It requires a detailed plan and a seasoned team with a variety of skills. It’s usually completed in phases. But the...
Supply chain, logistics, procurement & tech 2024 predictions
Supply chain, logistics, procurement and technology predictions for 2024 from Anders Beck at Universal Robots and Efficio's Louis Carval AI 'will speed pace of robotics and...
Uniform Guidance Methods of Procurement
The procurement standards included in Subpart D, Section 200.317–200.327, of the Uniform Guidance apply to procurement of goods and services directly charged to a federal award; the...
How Open-Minded Contract Managers Excel in Efficiency
Well, as a #contractmanager, it's important to stay open to new ideas and approaches rather than simply relying on the same old methods. There are a few reasons why doing things the...
Seizing the Opportunity for Digitizing Procurement
Multiple developments in supply chain technology are converging to create an unprecedented digital opportunity for procurement professionals. By mastering and combining emerging and...