Contracts and supplier management are critical for ensuring that organizations receive goods and services that meet agreed standards, on time, and at the right cost. Well-drafted contracts establish clear expectations, protect both parties, and minimize the risk of disputes. Effective supplier management builds trust, encourages collaboration, and promotes long-term partnerships. In today’s competitive business environment, companies that master these skills can reduce costs, improve quality, and maintain a reliable supply chain, even in the face of market challenges.
In this course, we will cover a wide range of essential topics designed to give you both the knowledge and practical skills to manage agreements effectively. We’ll begin with the fundamentals of contracts, their types, and key clauses you must understand. We’ll explore contract negotiation techniques, key legal clauses, performance monitoring, risk management, and strategies for building strong supplier relationships. You’ll learn how to evaluate supplier performance, manage disputes effectively, and ensure compliance with contractual terms. Real-world case studies will provide practical insights you can apply immediately.
Then, we’ll move into the contract lifecycle, exploring stages such as negotiation, execution, monitoring, and closure. Supplier management will also be a core focus, where we’ll discuss supplier selection, evaluation, performance monitoring, and building long-term relationships. In addition, we’ll look at compliance, risk management, and dispute resolution, ensuring you are prepared to handle challenges professionally. By the end, you’ll see how contracts and supplier management work together to reduce risks, ensure value for money, and support overall business success.
Enroll now to gain the skills needed to secure the best value from your contracts and suppliers while driving business success.
What You Will Learn In This Free Course
View All Learning Outcomes View Less All Alison courses are free to enrol, study, and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment.
Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world.
Your Alison certificate is:
- Ideal for sharing with potential employers.
- Great for your CV, professional social media profiles, and job applications.
- An indication of your commitment to continuously learn, upskill, and achieve high results.
- An incentive for you to continue empowering yourself through lifelong learning.
Alison offers 2 types of Certificate for completed Certificate courses:
Digital Certificate: a downloadable Certificate in PDF format immediately available to you when you complete your purchase. Physical Certificate: a physical version of your officially branded and security-marked Certificate All Certificate are available to purchase through the Alison Shop. For more information on purchasing Alison Certificate, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Account Settings.