Contract Management | Objectives | Contract Types

Contract is a legal document between two or more parties to ensure the outcomes and objectives.

Objectives of Contract Management
1) Compliance
2) Risk Management
3) Cost Controlling
4) Performance Monitoring
5) Improve Efficiency

Types Of Contract
1) Fixed Price Contract
2) Time and Material Contract
3) Indefinite Delivery Period Contract
4) Cost Reimburseable Contract

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#supplychaindoctrine #procurement #supplychain

[shridharmendigeriflute]

I'm a procurement professional, and I find your videos to be the best—straight to the point, informative, and helpful. Please keep updating them. Whenever I watch your videos, I gain confidence in my role. Thank you, sir! 😊

[ayazmajeed]

Allah pak jazay khair ata farmay you have a good knowledge and all lectures are very helpful.

[sohailarif]

Jazak Allah Sir, your videos are very informative, keep going please

[arshharshad]

I find this video very interesting & well explained... Appreciate great work

[shivanandss]

Help me understand difference, ( Fixed Price Contract, Time and Material Contract, Cost Reimburseable Contract) and (Time and Value contract), if you have one video it will help me lot. thanks in advance

[zulfiqarsali]

Sir makes videos of SPPRA rules and e-procurement please

[CrazyMinds-tmjd]

Assalam walikum sir, please incoterms k baare bataye details

[debasish_rikun]

Hello sir, I have qualified ugc net in management and want to pursue PhD in Logistics and SCM. Please guide me with some thesis area in this field.
Is sustainable global SCM could be a good topic for research, or any other.
Need some suggestions, I can't find any way to start my career.
Thank you 🙏

[opfaraz]

sir yeh kal paper m laghta hai😂 arha hai

[sallumoosa]

Can we use fixed price contract if we’re working for a perfume brand ?

[tahirshahvlogsandinformati]

Assalam o aliakum sir,
Sir Kuch sawalt hai mare of possible to answer dijyega. I am in procurement lakin kabi humne contract management or BAAT nhe ki to aap jonkeh rha hai contract management isse Murad ye hai k Jo po hum vendor ko date hai ye contract hi howa na aik kisam Ka. Is k elawa agar hum Kisi bhi aik contract ko chose Kare to phir btae muje k Baki factors KO ignore karenge Kia Jaise time and delivery, quality, responsiveness and so on. Plz clarify and can I drop my number here