Purchasing & Supply Contracts
Purchasing and Supply Chain | Training | 30 Mar 10 - 01 Apr 10
Al-Khobar, Kingdom of Saudi Arabia

Benefits of Attending 

· Properly employ the right contract based on its purpose.
· Review the essential parts of a contract and their criticality.
· Understand the applicability of laws and statutes to contract application.
· Frame a contract and minimum essential terms and conditions, as well as contract terminology and its meaning.
· Write a Statement of Work (SOW) through practical application and determine what type of SOW to choose in a given situation.
· Define the purpose and applicability of warranties and the three types of warranties.
· Recognize warranty exclusionary and/or limiting language and disclaimer statements and know how to protect against them.
· Address risk of less and use contract terminology and language to best represent your organization’s interest.
· Differentiate among the details of various types of contracts.
· Address the ramifications and the usage of specific contract clauses, terms, and conditions that protect your company’s interest.
· Name the contract types and understand their applicability, usage, and appropriateness under given
contractual situations.
· Employ effectively various specialized purchase instruments as alternatives to the traditional purchase order.

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