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Making Contracts Work

Combining the science of effectivement procurement with the art ofmanaging supplier contracts
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Until now, there has no book that sets out structures and strategies for sound supply contract management. This book sets out to do more than this: it aligns the science of sourcing and procuring of supplies/suppliers with the art of smart contract management. And it does so based on the authors sound knowledge of global markets and keen understanding of commercial deal-making, flanked with the legal pillars that maintain governance in an otherwise chaotic state of variation. What is also special about this book is that it recognises the challenges of mixing the science of procurement with the art of contract management and works out ways to blend the cultural divide. The book is set out in a structured way to allow managers of business areas or their own businesses to manage contracts from a holistic standpoint, understanding and planning the reasons for seeking a contract before the suppliers are selected and before negotiations take shape. Supply contract management is explained as a 4 stage process from plan - to - procure - to - manage - to - review so that all the layers of contract management can be peeled away to shape the best fit supply chain. This book shapes best practice on a global scale, and in a very real and pragmatic way, using examples and case studies for illustration. By doing so, it is both a guide, a business coach and a form of handbook for any manager - or indeed supplier - working in any part of the supply chain.

Beverley Honig is an expert in the field of business planning and devlopment, and advises a long list of clients- from private and public companies to Government bodies - on how to focus and develop their business through good business planning and practice.

Beverleys company, Honeylight Enterprises, received prestigious Trade Awards in recognition of an outstanding contribution in the forging of international trade links.

Foreword by Professor Danny Damson

Preface

Introduction

Part A: PLANNING CONTRACTS

  • Chapter 1: The Contract Management Model
  • Chapter 2: The Power of Planning (the why of contract management)

Part B: PRECUREMENT AND OUTSOURCING

  • Chapter 3: The Power of Strategic Procurement
  • Chapter 4: The Power of Outsourcing

Part C: CONFIGURING THE CONTRACT

  • Chapter 5: The Power of the Word
  • Chapter 6: The Power of Contract Performance Measurement and Risk Management

Part D: RELATIONSHIPS AND NEGOTIATION

  • Chapter 7: The Power of Contract Relationship Management
  • Chapter 8: The Power of Negotiation

Part E: CONTRACT REVIEW AND LESSONS LEARNED

  • Chapter 9: The Power of Review, Variation and Change
  • Chapter 10: Lessons to be Learned

Index

About the author

 

  • This book sets out structures and strategies for sound contract management
  • Allows business managers to manage contracts in a holistic manner.
  • Formulated as a four-stage process - from planning to procurement to management to review
  • Shapes next practice on a global scale, in a very real and pragmatic way
  • Provides templates and tables 
  • Is a guide and business coach for any manager working in any part of the supply chain


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