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A recent report from CAPS Research states that 70% of companies are experiencing a supply management talent shortage. Almost 40% say that recruiting in this field is more challenging than for any other function.
Procurement is often mistaken for purchasing, and the two terms are often used interchangeably. But those two functions are actually quite distinct-in their intent, the tasks they cover, the people involved and, most notably, what they accomplish.
In their new book on what makes high schools work, education experts Jal Mehta and Sarah Fine offer vital lessons for business leaders as well. 'People learn well when they are motivated and have a purpose, and when they are parts of communities that have different levels of expertise than they do,' Mehta says. 'That has implications for businesses.' The lessons the researchers gleaned from the best teachers they observed are useful for managers as well.
2019 Academic Symposium - Impact of emerging technology on commercial and contract management role and purpose
This demonstration provides all the information you need to know about IACCM's renowned Contract and Commercial Management (CCM) learning and certification program.
Hello All, I have been working as a Commercial Manager for 6.5 years, responsible preparation and negotiation commercial contracts for high value complex transactions(FIDIC etc). I have a bachelors degree in electrical/electronic engineering and a masters degree in power systems engineering. My concern arose when I looked for job opportunities for a commercial manager outside my organisation, almost all job posting required a law degree. I am unsure whether or not I should purse a law degree to give myself the best change for future job opportunities. Your thought/ideas are well appreciated.
Dear all, My name is Charles, I am 20 years old and I am currently in my 2nd year of bachelor's in business administration in Paris. I recently took an online course on the essential negotiations' skills. I am now looking for an opportunity to sharpen and develop these skills in a practical approach. I discovered the IACCM during one of the lectures. Since then, I took a closer look to the expertise of this association and found myself very attracted to the contract management and commercial management. I will be in Paris from end of May until the end of August 2019 and would like to know if there were any opportunities for me to improve my knowledge during an internship. If, anyone, is looking for an intern for an approximate duration of 2 months. You can contact me at derriencharles5@gmail.com Thank you for reading, Charles Derrien
Have members noticed decline in remuneration packages in the UK and Europe? There seems to be a distinct trend in recruitment to aggrandise job titles. Data input and procurement clerks are now being termed "Contract Managers". Further, certain major employers (esp in renewables) are holding down remuneration by stating "...offering i.r.o. 35k" for complex, multi million dollar, senior contracts management positions and rejecting any professional looking for a respectable reward.
Dear All, I am a fully qualified Petroleum Engineer with over 4 years of experience in the oil and gas sector. I am also a fully qualified Project Manager with certificates in PRINCE2 Foundation and Practitioner. For sometime now I have been trying to enter the field of contract management. To this end, in order to appeal to potential employers, I have been progressively diversifying my CV by successfully accomplishing course related to Contract Management. I am very keen to make inroad into contract management positions. Any advice would be greatly appreciated. Many thanks in advance, Arash
Can anyone provide the names - or links to a list of - recruiters that serve the contract management industry? I am looking to transition into the field in Toronto. Thanks.
My company is migrating to an cloud-based Oracle ERP (finance and accounting) system. Our agreement allows us use of Oracle's procurement and contract management modules, but a call with Gartner suggested that Oracle's contract management system is not best-in-class and not necessarily used by Oracle ERP customers despite the ready integration with other Oracle ERP systems. The large consulting firm chosen to implement Oracle ERP at our company has not proven knowledgeable about available alternatives. We'd like to engage a consultant with deep experience with the top CLM solutions, to better understand what features and functionality are available with solutions other than Oracle, and potentially to help us develop and run an RFP with a few providers. We're a medium-sized (~650 employees) company in the financial services sector in the US that is considered a "financial market utility." As a practical matter, we have no sell-side contracts, only buy-side contracts, mostly from supplier paper, with only a few types (NDAs, consulting agreements, etc.) on our own paper. Please let me know if you have any recommendations. Thank you.
Has anyone ever come up with a good alternative name for "procurement" or "purchasing" to try and change the image procurement managers have within an organisation? In my experience, we can be seen as more of an obstacle to be jumped over or by-passed completely, rather than someone that can be worked with to make their own lives easier. And some project managers don't even understand what procurement actually means and how it applies to the projects they do. A name change won't change a culture overnight, but it's a start to change people's perceptions.
Dear experts, How I can be certified in CCM, How to get the preparation hardcopy Any advice for preparing
I am currently working as Contract & Commercial Manager in an IT Company. Although I work in this area, I don't possess any degree /diploma/certification related to field and is interested in getting a formal degree/diploma related to the CCM. I am a MBA having specialization in Statistical Quality Control Therefore, I need guidance in knowing the courses offered by various Indian or foreign Universities?
Hello everyone One of the questions that my colleagues have been asking me is broadly what level of qualification does completing the IACCM equate to in the UK? A-levels? College Diploma? Degree? I have tried Googling and checking out qualification websites with no luck. I appreciate that given IACCM is an international qualification and therefore it may not have been officially mapped against other qualifications, however, your views would be welcome on what it 'feels' equivalent to. We have people leaving our organisation who undertook IACCM and for them it's important to understand where they can 'pitch' completion of the programme to prospective new employers. Many thanks Zarah
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