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Price management within locked contracts
Fixed (locked) contracts often provide substantial benefits to both parties. For one party, they promise stability and a trusted partner. For the other, they guarantee predictable...
Explore – Gather insights, assess risks, and identify opportunities.
This blog explores the second step of the 7E Model for Excellence — Explore. After envisioning your future and setting your goals, the next crucial phase is to explore the landscape,...
From Agreement to Action: How Due Diligence Shapes Your Contracts
When it comes to legal contract management, due diligence isn’t just a box-ticking exercise—it’s a crucial requirement of smooth contract execution. But what exactly does "due...
How AI is Transforming Legal Operations and Revolutionizing Contract Management Efficiency
As businesses and organizations navigate increasingly complex regulatory environments and global markets, legal operations have become crucial to ensuring compliance, managing risk,...
The most common supply chain risk-management failures
Regulators around the world are sending a consistent message to companies that operate or source internationally, which is that they must take ownership of their supply chains. In...
The importance of data migration in contract lifecycle management
In today’s fast-paced business environment, efficient contract lifecycle management (CLM) is essential for maintaining operational integrity and ensuring compliance. At the heart of...
The crucial role of contract management in public sector procurement
The public sector is very complex and the demand ranging from fair, economically viable, fitting into the ecosystem, driving innovation, being compliant and many more has forced...
Driving business impact: contract management, sourcing, and procurement
In today's fast-paced and competitive business environment, effective contract management, strategic sourcing, and procurement are not just operational necessities but key drivers of...
Leveraging Tracey and Wiersma’s framework in ecosystem management
In the realm of strategic management, Tracey and Wiersma's framework offers invaluable insights into how businesses can effectively manage their ecosystems. This approach emphasizes...