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IACCM Contract Management Forum

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Toronto transit commission
2020-03-27 15:19:59

Commercial Management Structure, Model, and Governance in Public Sector

Hi Everyone;

Hope you and your loved ones are doing well and staying safe!

We are in the process of Commercial Management Function establishment. We do have Material Management (subs: Planning and Inventory Control, Warehouse and Distribution), Project and Category Management (subs: Procurement (capital), procurement (operating)) which both department directly report to finance. How do you add the commercial management to this hierarchy?
 
 •  World Commerce & Contracting  •   2020-05-05 07:27:52
Alma, my apologies for not spotting your post earlier!

The elements you mention are components of a Commercial Management process. To gain a comprehensive overview, you may find the IACCM 2019 Benchmark Report helpful - it sets out the various activities associated with the contracting and commercial lifecycle.

If you would like to discuss how you might best approach building the Commercial function, I'd be delighted to arrange a call. You can contact me at tcummins@iaccm.com
 
 
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