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Dear All, regarding the Contractors Performance Criteria is there any recommendations or benchmark thanks Hussein
The efficiency with which trading relationships are formed and the value they deliver are critical to business success. Commercial teams face unprecedented pressure to drive greater efficiency and value from their trading relationships - increase speed, reduce costs, raise effectiveness and contribution. At the same time, market and competitive pressures are driving the need for new commercial delivery models and forms of offering.
Hi Would anyone be happy to have a discussion with me, or give me some pointers on managing a JV where you are both a customer, supplier and a shareholder? It would be good to understand how other companies navigate this tricky relationship and if there is any IACCM best practice I should adhere too? I have different contract managers who are responsible for the customer and supplier side to eliminate any conflict of interest, but the whole governance is so much more complex than a straight commercial arrangement. Therefore, if anyone has any experience or observations they would be happy to share, I would really appreciate your help. Kind Regards Jan
The International Association for Contract and Commercial Management Inc (IACCM) announces its acquisition of Global SRN LLC.
A new decade is almost upon us. It's the decade of RRP - Relationship Resource Planning - when a great wave of efficiency and cost reduction will be achieved through streamlining the management of external relationships.
This booklet collects some of our recent thought leadership at the intersection of artificial intelligence (AI) and financial services. In the pages that follow, Mayer Brown partners provide thoughts on: • Addressing regulatory, privacy/ cybersecurity, and litigation risks; • Investing in AI and fintech; • Advising the board on AI risks and issues; and • The US federal government's AI strategy.
I like the idea of asking new employees what their learning style is during the onboarding training period. I too am a visual learner, so by seeing and doing the work first-hand during training helps me to learn better and faster. Good idea as it helps promote inclusion and diversity and increase employee morale as not everyone's learning style is the same and should make the employee comfortable in a new environment.
This webinar discussed the 2019 IACCM Benchmark Report focusing on Asia and Oceania. The report provides a wealth of data and insight into the current state of contract and commercial management.
I note that the post is from November 2015. Would you say that the statistics for these 10 have remained the same in 2019? Is it possible to get more information about the survey that was conducted, where did the input come from? For example, what is the 9.2% financial benefit / Erosion based on?
For Agreement between the Parties of differnet origin , the aurgument starts up on Jurisdiction and governing law for the AGreement. while both the Parties are interested in proposing law of their respective country to be made applicable to the AGreement, I want to know whether there is any list of prioritised or ranked Jurisdiction/ Govering law like World bank ranks each country a ranking for " ease in doing business" and almost 190 countrites are listed. For example, I propose indian law and other Party would prefer Laws of Singpore to be governing law. Can parties choose England and wales as nuetral or any other preferred law.
My company is looking into a new CLM solution, and I'd love to hear from other companies what experiences they faced in the RFP/RFI phase or selecting a CLM vendor, implementation experiences, and post deployment user experiences. What went well and what didn't go well? Which specific areas did the CLM not meet your or your stakeholders expectations?
I like the preventive attitude to make the contract process simple for both parties. Good continuous improvement design ideas to inspire us all to start looking at how we manage our own contracts.
Jacko mentions there are 8 different payment schemes - do we know which?
In regards to commercial contracting what are the top 5 language terms and conditions that will effect the margin and or value of a deal?
Hello I am new to IT purchases. Do you have any experience with SaaS? What should I be aware of as a Buyer? Judit
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