Process Enhancements: Supplier & Contract Management

Skillsoft issued completion badges are earned based on viewing the percentage required or receiving a passing score when assessment is required. Well-defined and enhanced processes facilitate effective communication, collaboration, and alignment among stakeholders, including cross-functional teams, customers, suppliers, and management. Process enhancements foster a culture of continuous improvement, promoting learning, knowledge sharing, and the adoption of best practices. This leads to iterative refinement and optimization of systems engineering processes over time. In this course, you will discover supplier and contract management, beginning with supply chain management and procurement and acquisition in systems engineering. Next, you will investigate supplier management, contract management principles, and contract governance. Then you will explore supplier performance management, supply chain risk, procurement cost management, and supply chain management case studies. Finally, you will learn about building a contract management strategy, supplier selection and evaluation, and contract negotiation techniques.