Should You Change Course? 14 Questions to Maximize the Impact of your Key Supplier Contracts
A surprisingly high number of supplier contracts do not last the full duration of the signed agreement. Things change. Whether it is the underlying business case that led to the contract being signed in the first place or the performance of your supplier, agility is a highly prized quality in procurement.
When things go wrong, it can get expensive, create animosity between procurement, the supplier, and your stakeholders, and ultimately impact your corporate objectives.
The good news is that it is possible to proactively assess supplier contracts before they get out of hand.
In this workbook, we provide the questions that you can answer that will identify areas of concern, before they turn into contract failures.