Developing a governance model and ensuring that you have an understanding of your arrangement is key to being able to proactively stay on top of your contract. This requires the right disciplines, the right skill sets, an understanding of your own organization’s as well as the supplier’s requirements. The key is to deliver value throughout the process, and have an effective way to measure value to the organization. This session will highlight the following:

• The importance of identifying key personnel for managing the contract
• Establishing the right model to manage the contract obligations and changes
• Identify the skills you need to source to execute on the model
• Ensuring you have effective communication for noncompliance issues
• How to provide effective transparency of the state of the relationship within your organization
• Examine terms for flexibility to exit or introduce competition with other suppliers
• Identify key drivers of value-add in the process