SIG Resource Center

How to Reduce Value Leakage in Complex Contracts

What is this session about?

- Proven techniques to reduce the average contract value leakage of 9-45%.

What will attendees learn?

- How to identify and discuss strategies for:

- Strengthening SOWs

- Tracking, controlling and managing operational risks consistently

- Strengthening acceptance, corrective action, and cure provisions

- Enhancing governance mechanisms

What is the session format?

- Session attendees will first learn the fundamentals of these strategies, then break into one or two activities consisting of reviewing a mocked-up contract to discuss techniques to enhance the contract to reduce value leakage. 

Who should attend this session?

- All contract professionals such as contract negotiators, contract administrators, contract managers, account managers, vendor/supplier/customer managers, and technical SMEs. Those who develop, draft, negotiate and manage performance-based contracts.

 

Sourcing
Contract Development
Realization
Sourcing Management
Contract Management
Stakeholder Engagement