PurchTips - Edition # 4

 

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Picture of Charles Dominick, SPSM, SPSM2, SPSM3

How do your contract skills compare with those of world-class purchasing professionals?

By Charles Dominick, SPSM, SPSM2, SPSM3

Purchaser's Contract Competency Checklist

  • I use formal guidelines in determining when it is prudent to use a contract instead of a P.O.
  • I know how to determine the best form of agreement (general terms agreement, letter of intent, etc.) for a particular situation
  • I know how to structure a contract including the use of exhibits for efficiency
  • I know at least 6 different types of remedies that can be used when a contracted supplier fails to perform
  • I know the advantages and disadvantages of using at least 4 ways of resolving disputes with contracted suppliers
  • I know how to use indemnity provisions to prevent my company from being sued
  • I know how to write language that can limit the financial risk to which my company is exposed
  • I know how to determine if a supplier's Force Majeure provision gives an excessive amount of protection to the supplier
  • I know how to write language that protects my company from undue price increases
  • I know how to write language to guarantee that my company gets the best pricing offered by a supplier
  • I know how to write or modify specifications to make them most suitable for inclusion in contracts
  • I know how to write warranties that will ensure that my company receives a fully guaranteed product or service
  • I know how to refer to a document such that it becomes a legally enforceable part of a contract
  • I know how to modify contracts after they have been signed by using addenda or amendments
  • I know how the Uniform Commercial Code can be superseded by the terms of a contract

(keep reading for a FREE Offer)

Spotlight On Professional Development Opportunities

SPSM Certification

Are you tired of not getting enough opportunities, respect, and money out of your purchasing career? Well, guess what? Nothing will change unless you take action towards becoming a world-class purchasing professional.

You see, today's employers refuse to reward employees for yesterday's skills.They demand that purchasing professionals like you use the most modern skills and achieve unprecedented results. They want you to save more money, achieve better operational performance, and reduce risk.

Is lacking a purchasing certification keeping you from getting the results, opportunities, respect, and money that you want out of your career? Today's employers refuse to reward employees for yesterday's skills. They want you to save more money, achieve better operational performance, and reduce risk. They demand that purchasing professionals like you achieve unprecedented results and without the most modern skills that can be a challenging feat!

So how can you acquire the most modern skills, achieve meaningful results, and convincingly prove your capabilities to today's employers? There is an impressive purchasing certification program that will teach you what you need to accomplish all of this and more. It is the SPSM® Certification, earned by completing the Senior Professional in Supply Management® Program. And you could earn it in less than a year - maybe even much less than a year!

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) (with the option of getting a Study Guide on an iPad) at:

Distinguishing yourself as an achiever in purchasing is key to sustaining a rewarding career, even in these difficult economic times. Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) at:

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices  into your organization and achieve your career potential. And if you sign up for the Senior Professional in Supply Management® Program on or before May 31, 2008, SPSMSM Certification Program on or before 4/30/2007, you also get these and other bonuses valued at over $700:

  • FREE $30 gift certificate to Amazon.com!
  • FREE CD-ROM with printer-friendly versions of the class materials!
  • FREE Purchasing Performance Measurement spreadsheet template!
  • FREE audio CD about purchasing job security!

To learn how to earn your SPSM® Certification and get these valuable bonuses, visit:

Earning your Senior Professional in Supply Management® (SPSM) Certification is the action to takeif you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSMSM Certification at:

Learn how to earn your SPSM® Certification at:

www.NextLevelPurchasing.com/spsm.html

FREE Offer!!!

The saying goes: "The only constant is change." Nowhere is that statement truer than in procurement and supply chain management - professions that have changed tremendously throughout the years.

Are you prepared for what's next in your chosen profession? Be certain that you are by reading "The Future Direction of Procurement & Supply Chain!"

Download This White Paper For FREE At:


www.NextLevelPurchasing.com/FDPS.


Free Procurement Training & Certification Starter Kit

This Starter Kit gives procurement professionals like you a clear idea on what it will take to become certified. You'll get an excellent feel for what you will need to learn and how long it will take.

Click here to learn more

Included in your free Starter Kit:

  • Access to two lessons from courses that are part of the Senior Professional in Supply Management® Program
  • A Certification & Training Planning Template
  • Case studies
  • A free Basic Membership in the NLPA

Together, these materials will help you decide how well the SPSM® Certification can help you achieve your career goals.

So, what are you waiting for? Begin your pursuit of a more rewarding procurement career – get your Procurement Training & Certification Starter Kit now by signing up for a free NLPA Basic Membership!

If you are already a member of the NLPA, click here to login and visit the "Starter Kit" tab to access these resources.