Purchasing Law: Effective Contract Negotiation and Management in Times of Financial Uncertainty

Companies are working harder than ever to reduce costs through better inventory and supply-chain management. At the same time, economic pressures are putting historic strains on their supply base. This creates the opportunity for supply chain interruptions that can threaten the very existence of a company. This OnDemand Webinar helps the persons responsible for supply chain and purchasing management to understand how to best manage their risk. That risk is managed through the effective understanding of contract negotiation, including the contracting process itself. The program also addresses methods to reduce risk through the use of contractual protections. Finally, having entered a contract, the OnDemand Webinar discusses means of managing the contractual relationship, avoiding common relationship breakdowns and working with suppliers hit hardest by current economic pressures. In a time of stronger inventory management and just-in-time supply relationships, this program is critical for companies to reduce the risks associated with their everyday supply needs.

Date and Time

Date: 2011-08-23
Time: -

Agenda

Basic Principles of Contracting
• Do You Have a Contract?
• The Role of the UCC
• The Contracting Process

Strategies for Risk Mitigation and Allocation
• The Role of Boilerplate: Bane or Boon?
• Business Risk Allocation: Insurance, Indemnification, Liability Limitation, Disclaimers and Exclusions
• Red-Flag Provisions

Commitment, Agreement and Project Success: the Continuing Role of Negotiation
• Supplier Relationships: Where the Breakdowns Occur
• Dealing With Financially Troubled Suppliers

Faculty

Jeffrey A. Soble, Foley & Lardner LLP

Credits

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Click here for detailed credit information

Who should attend?

This live audio conference is designed for purchasing managers, attorneys, buyers, contracting and materials managers, procurement managers, accountants and financial professionals.

Purchasing Law: Effective Contract Negotiation and Management in Times of Financial Uncertainty

SKU: 388259EAU
Date: 2011-08-23
Time: -

Price: $199.00 USD