Disrupting the contract management paradigm

Peter Liddell and Chris Clements discuss how organisations can reduce value leakage in the early stages of the contract lifecycle and develop contracts that accelerate the procurement process.

A contract's lifecycle is a well-trodden path that typically requires a large amount of work being put into the upfront pre-signature activity, such as contract formation where obligations and their associated performance indicators and service credits are determined. We then often see a shift postsignature where much of the intended value of the contract is lost through value leakage or forgotten through inadequate obligation management. The focus of the supplier and contract management te...

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Authors: Peter Liddell, Chris Clements

Published Date: 03 August 2021