课程: Excel Supply Chain Analysis: Solving Procurement Problems

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Manage contracts

Manage contracts

课程: Excel Supply Chain Analysis: Solving Procurement Problems

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Manage contracts

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- [Instructor] One of the most important parts of the job for many procurement professionals is contract management. Effective contract management is vital for maintaining strong supplier relationships, ensuring compliance, and avoiding costly errors or missed opportunities. Excel is a really versatile tool that can help you organize, track, and manage all aspects of your contracts. In this video, we'll walk you through how to set up an Excel spreadsheet to efficiently manage the contracts for Kinetico. To manage contracts effectively, we need to keep track of several key details. These include the contract number, supplier name, contract start date, contract end date, contract value, key terms and conditions, renewal date, contract status, and notes. Let's start by setting up our Excel sheet. If you've downloaded the exercise files, look for 0303 manage contracts. Otherwise, you can build a spreadsheet to look like this one. To help you manage contract renewals and avoid missing…

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