Fee: RM 1,000 per pax
Loyalty Points: 1000 Points
Duration: 2 Days
Note: In-house course is available. Request it HERE
Original price was: RM2,600.00.RM1,000.00Current price is: RM1,000.00.
Introduction“My word is my bond”, an age old saying where the spoken word was so potent and relationships, whether business or otherwise, were conducted based on trust and the reputation of the people involved. The world has changed. Risks of non-performance of either a social contract or business transaction has compounded into costly outcomes. Mere words may not be sufficient to mitigate unforeseen risks. Business organizations are embarking on airtight agreements to eliminate risks that could be managed. A written document that precisely spells out commitment and obligations of each party in a business relationship is the norm now. This written document – a contract, is a complicated, disciplined approach to outline, identify, manage and control the business relationship for mutual benefits of all parties involved. The document is written in precise language to avoid ambiguity and misinterpretations. Any business relationship will encounter challenging situations that may need immediate solutions. However, not all solutions will benefit everyone involved. A contract, then, has to address these and minimize risks and assign responsibilities. In business contracts are agreement between two or more parties to conduct business in a specific manner that identifies risks and assign responsibilities and commitment of all parties involved. This document is an outcome of intense negotiation. Effectively negotiating, executing and controlling agreements is an important task, yet many organizations do a poor job of managing contracts. While negotiation plays an important role in the culmination of a contract, however it is the execution and management of the contract that ensures a successful business relationship. Failure to manage a contract effectively leads to cost inefficiencies and overruns, scope creep, project delay etc. Improper management of the contract further leads t protracted contract development and negotiation cycles, improper contract approvals, limited contract vi9sibility and control, and an inability to ensure compliance with established contract terms How Will You BenefitUpon completion of this programme, the participants will be able to :
Who Should Attend
MethodologyThis course is essentially participative and practical, emphasizing learning through interactive lectures, group discussions, exercises / cases, questions and answers Module
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Fee: RM 1,000 per pax
Loyalty Points: 1000 Points
Duration: 2 Days
Note: In-house course is available. Request it HERE
Manoharan Murugeson
Biodata:
Mano Haaran has immense experience and knowledge in the Supply Chain and Training environment and brings 21 years of direct managerial logistics & supply chain working experience, and more than 18 years of training experience in these areas. His areas of expertise include warehousing, total logistics, supply chain management, procurement, demand & supply management, inventory control, operations management, negotiation, crisis management and business continuity planning. His clients range from small and medium industries to large multinationals specifically in manufacturing, logistics & supply chain, banking, petroleum & gas related, printing, hospitals and the hospitality industry.