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Global Leaders in Procurement & Negotiations (PSCMInstitute.com)
We are now down to the 3rd Procurement Contract Deadly Sin. And it’s the deadliest of them all. If you did not read the prior 2 deadly sins, these all feed upon each other. Here are links to the other 2: The 3 Procurement Contract Deadly Sins – Part 1 – Global Leaders in Procurement […]
If you missed Part 1 of this series, go here: https://pscminstitute.com/the-3-procurement-contract-deadly-sins-part-1/ Procurement pros in my experience tend to not like 2 things, pretty consistently: cost models and contracts. They would prefer that finance leads cost modeling efforts and legal leads contract negotiation efforts – the remaining Ts and Cs after price, warranty, inventory model, leadtime,
Procurement has some pretty bad habits with their contracts. Most of them are results killers and career killers actually, and people aren’t even aware of it. Let’s go through the Procurement Contract Deadly Sins, one at a time. This blog will focus just on the first one: Procurement Contract Deadly Sin #1 – Leaving Contract
