Supplier and Contract Management Best Practices
In this installment of our “Staying Ahead of the Demand for Network Cost Savings” podcast series, Laura McDonald, a Partner at LB3, and Keith Cook, a Project Director at TC2, join TC2’s Joe Schmidt to discuss some important supplier and contract management best practices.
In this 10 minute podcast, you’ll hear why your job isn’t done once you’ve finished your sourcing effort and signed the contract. Smart enterprises make it a point to review their new deal and develop the list of activities necessary to keep their new contract and pricing at the leading edge of the market. We discuss managing deal credits, preparing for and executing your benchmarking clause, planning for the expiry of the new contract term, and so much more.