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Do corrupt companies have contract managers?

Continuing revelations about corrupt contracting practices at Brazilian oil giant Petrobras continue to hit the headlines. It is interesting that they are one of the few major oil and gas producers which does not have active membership in IACCM. Might there be a connection between these two facts?

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Performing international contracts

Increasing activity in international markets and increasing use of outsourced or contract labor are two of the current trends in business. So what happens when these two trends converge?

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Ask the Expert - Build your playbook for managing transactions

This Ask the Expert webinar with our expert, X. Paul Humbert, will explain how to overcome the gap between the theory of supply chain management and its actual application in a contracting or commercial context. He will describe a clear process for engaging in sound supply chain transactions in a manner best suited to your organization's unique needs. This webinar is based on Humbert's latest book, 'Playbook', where the authors offer a disciplined 49 step pathway for building or improving an organization's supply chain transactions while managing risk and upholding the integrity of the contractual relationship. How well those transactions are entered into, as well as managed, is a critical but often overlooked risk management function. As so aptly stated in the Foreword written by Dr. Darren Prokop, Professor of Logistics at the College of Business and Public Policy - University of Alaska Anchorage: 'Humbert and Mastice understand that supply and demand chains are not just linkages through which inputs and finished goods move to their ultimate customer; rather, they are means by which people meet, negotiate and contract with each other.' Our Expert: Paul Humbert, Esq. is the President of The Humbert Group, LLC and has over twenty years of business and legal experience in negotiating, structuring and managing complex commercial transactions and assisting clients in improving their procurement process. Mr. Humbert has served as an adjunct professor at both Seton Hall Law School and Monmouth College teaching legal and business courses. He is a part-time lecturer at the Rutgers University Graduate School of Business where he teaches negotiation and contract management techniques to MBA candidates.

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Why redesigning your contracts is so important

When we think of contracts, most of us envisage a paper document, full of dense typing, with formalistic style and wording. Or we may even think of an on-line version, a 'click-here-to-accept' contract - but with just the same hard to read typing and hard to understand language. Certainly not something we avidly pick up to read.

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Companies' responsibilities to their supply chains

Companies' global supply chains are under greater scrutiny than ever before. Historically companies could "choose" to talk about their human rights impact. Today new legislation is forcing companies to be transparent by publishing detailed data on their supply chains, their impact on local communities, and what action they are taking to improve their global impact in the human rights arena.

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IACCM Membership Introduction Call

IACCM team answers your pressing questions about who we are, what we do and how you can get the most value from your membership. We'll be prepared to address the following: - What is IACCM and how can I gain the most benefit from my membership? - How can IACCM assist my career? - How can the Association help me deliver greater value to my company? - What are IACCM's other offerings; research studies, learning programs and current initiatives?

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Generating value from suppliers

Organizations continue to disaggregate. The traditional 'integrated enterprise' has eroded and current thinking is that organizations are more agile, more efficient and more creative if they use external suppliers and contractors, rather than invest in large-scale 'owned' resources.

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Embrace the future - it is here today

With each passing day, the need for new commercial capabilities becomes more evident - and to support this, commercial groups must change.

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Collaboration: Why it matters, when it matters and what it means

Tim Cummins, CEO of the International Association for Contract and Commercial Management (IACCM), spoke at the NEC Users' Group Seminar in 2015. Tim's presentation was 'Collaboration: Why it matters, when it matters and what it means.' The presentation covered: - Why collaboration is top of executive focus - Approaches, capabilities and investments - Insights into collaboration within contracting The NEC Users' Group Annual Seminar took place on 20 April 2015 at One Great George Street and was another sell-out success. The seminar is the highlight of the NEC calendar and brings together the international community in the heart of Westminster, London.

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IACCM provides executives and practitioners with advisory, research and benchmarking services, contract management certification and training for contracts, commercial and relationship management professionals. IACCM is a non-profit membership organization that supports innovation and collaboration in meeting the demands of today's global trading relationships and practices.