Contract Management Services
Roles & Responsibilities
Identifying and mitigating legal risks associated with contract terms is crucial for protecting the organization’s interests. Collaboration with stakeholders to efficiently negotiate the commercial terms and conditions is essential for establishing clear and enforceable agreements.
The role of a contract manager involves reviewing, and negotiating contracts , requiring a keen eye for detail and strong negotiation skills for effective purchasing decisions in supply chain management.
Managing the contract lifecycle, including renewals and amendments, demands meticulous organization and attention to deadlines.
Conducting contract performance monitoring and enforcement is key to ensuring contractual obligations are met. Resolving contract disputes or breaches in collaboration with legal teams requires a strategic and solutions-oriented approach.
Maintaining accurate contract records and documentation is essential for compliance and audit purposes for proactive contract management and risk mitigation.