Simplifying the Contracting Process in a Complicated World

Industry experts claim that effective contract management which includes the entire contract life-cycle, "from identification of a need, through negotiation, agreement, monitoring, and close-out," is a critical element of a sound procurement/supply chain practice. Unfortunately the majority of programs struggle with non-compliance and stakeholder resistance. On today's show we welcome Andy Arkouche. Andy, who pioneered the first evolution of the Strategic Relationship Model in 1994, and worked with clients and large outsourcing corporations to bring about a new framework for client/vendor relationships will discuss the emerging practices that are reshaping the core principles behind a sound contract management practice.