How do your contract skills compare with those of world-class purchasing professionals?<\/h1><\/div><\/div><\/div>Purchaser’s Contract Competency Checklist<\/h2><\/div><\/div><\/div>\n- I use formal guidelines in determining when it is prudent to use a contract instead of a P.O.<\/li>\n
- I know how to determine the best form of agreement (general terms agreement, letter of intent, etc.) for a particular situation<\/li>\n
- I know how to structure a contract including the use of exhibits for efficiency<\/li>\n
- I know at least 6 different types of remedies that can be used when a contracted supplier fails to perform<\/li>\n
- I know the advantages and disadvantages of using at least 4 ways of resolving disputes with contracted suppliers<\/li>\n
- I know how to use indemnity provisions to prevent my company from being sued<\/li>\n
- I know how to write language that can limit the financial risk to which my company is exposed<\/li>\n
- I know how to determine if a supplier’s Force Majeure provision gives an excessive amount of protection to the supplier<\/li>\n
- I know how to write language that protects my company from undue price increases<\/li>\n
- I know how to write language to guarantee that my company gets the best pricing offered by a supplier<\/li>\n
- I know how to write or modify specifications to make them most suitable for inclusion in contracts<\/li>\n
- I know how to write warranties that will ensure that my company receives a fully guaranteed product or service<\/li>\n
- I know how to refer to a document such that it becomes a legally enforceable part of a contract<\/li>\n
- I know how to modify contracts after they have been signed by using addenda or amendments<\/li>\n
- I know how the Uniform Commercial Code can be superseded by the terms of a contract<\/li>\n<\/ul>\n
Recommended Reading<\/strong><\/p>\n\n- What is a Purchase Order and How Does it Work?<\/a><\/li>\n<\/ul>\n
Recommended Resource<\/strong><\/p>\n\n- CPOS Certification [Certified Procurement Operations Specialist]<\/a><\/li>\n<\/ul>\n
NLPA Learning<\/strong><\/a>:<\/strong>\u00a0Looking for authoritative procurement templates, tools, webinars, and more? Stop trying to create resources from scratch and start taking advantage of having exactly what you need right at your fingertips in\u00a0NLPA Learning.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Do You Want a More Rewarding Procurement Career?<\/h5><\/div>![](\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/12\/spsm_verify.jpg\" "\\"spsm_verify\\"")
<\/span><\/div>Are you tired of not getting enough opportunities, respect, and money out of your procurement career? Well, guess what? Nothing will change unless you take action towards becoming a world-class procurement professional.<\/p>\n
Earning your SPSM Certification is the action to take if you want to bring the most modern procurement practices into your organization and achieve your career potential. Download the SPSM Certification Guide today to learn how to get started on your journey to a more rewarding procurement career!<\/p>\n<\/div>
Download<\/span><\/a><\/div><\/div><\/div>Need Better Performance From Your Procurement Team?<\/h5><\/div>![](\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/12\/services.jpg\" "\\"services\\"")
<\/span><\/div>Are you a procurement leader whose team isn\u2019t achieving the results you know are possible? Maybe it\u2019s not enough cost savings. Or frustrating performance from the supply base. Or dissatisfied internal customers.<\/p>\n
You need a performance improvement plan that\u2019s easy to implement and quick to produce results. The NLPA can help.<\/p>\n
Download our whitepaper \u201cThe Procurement Leader\u2019s Guide To A More Successful Team.\u201d You\u2019ll learn the 7 steps for transforming your staff into a results-producing, world-class procurement team.<\/p>\n<\/div>
Purchaser’s Contract Competency Checklist<\/h2><\/div><\/div><\/div>\n- I use formal guidelines in determining when it is prudent to use a contract instead of a P.O.<\/li>\n
- I know how to determine the best form of agreement (general terms agreement, letter of intent, etc.) for a particular situation<\/li>\n
- I know how to structure a contract including the use of exhibits for efficiency<\/li>\n
- I know at least 6 different types of remedies that can be used when a contracted supplier fails to perform<\/li>\n
- I know the advantages and disadvantages of using at least 4 ways of resolving disputes with contracted suppliers<\/li>\n
- I know how to use indemnity provisions to prevent my company from being sued<\/li>\n
- I know how to write language that can limit the financial risk to which my company is exposed<\/li>\n
- I know how to determine if a supplier’s Force Majeure provision gives an excessive amount of protection to the supplier<\/li>\n
- I know how to write language that protects my company from undue price increases<\/li>\n
- I know how to write language to guarantee that my company gets the best pricing offered by a supplier<\/li>\n
- I know how to write or modify specifications to make them most suitable for inclusion in contracts<\/li>\n
- I know how to write warranties that will ensure that my company receives a fully guaranteed product or service<\/li>\n
- I know how to refer to a document such that it becomes a legally enforceable part of a contract<\/li>\n
- I know how to modify contracts after they have been signed by using addenda or amendments<\/li>\n
- I know how the Uniform Commercial Code can be superseded by the terms of a contract<\/li>\n<\/ul>\n
Recommended Reading<\/strong><\/p>\n\n- What is a Purchase Order and How Does it Work?<\/a><\/li>\n<\/ul>\n
Recommended Resource<\/strong><\/p>\n\n- CPOS Certification [Certified Procurement Operations Specialist]<\/a><\/li>\n<\/ul>\n
NLPA Learning<\/strong><\/a>:<\/strong>\u00a0Looking for authoritative procurement templates, tools, webinars, and more? Stop trying to create resources from scratch and start taking advantage of having exactly what you need right at your fingertips in\u00a0NLPA Learning.<\/p>\n<\/div><\/div><\/div><\/div><\/div>Do You Want a More Rewarding Procurement Career?<\/h5><\/div><\/span><\/div>Are you tired of not getting enough opportunities, respect, and money out of your procurement career? Well, guess what? Nothing will change unless you take action towards becoming a world-class procurement professional.<\/p>\n
Earning your SPSM Certification is the action to take if you want to bring the most modern procurement practices into your organization and achieve your career potential. Download the SPSM Certification Guide today to learn how to get started on your journey to a more rewarding procurement career!<\/p>\n<\/div>
Download<\/span><\/a><\/div><\/div><\/div>Need Better Performance From Your Procurement Team?<\/h5><\/div><\/span><\/div>Are you a procurement leader whose team isn\u2019t achieving the results you know are possible? Maybe it\u2019s not enough cost savings. Or frustrating performance from the supply base. Or dissatisfied internal customers.<\/p>\n
You need a performance improvement plan that\u2019s easy to implement and quick to produce results. The NLPA can help.<\/p>\n
Download our whitepaper \u201cThe Procurement Leader\u2019s Guide To A More Successful Team.\u201d You\u2019ll learn the 7 steps for transforming your staff into a results-producing, world-class procurement team.<\/p>\n<\/div>
- \n
- I use formal guidelines in determining when it is prudent to use a contract instead of a P.O.<\/li>\n
- I know how to determine the best form of agreement (general terms agreement, letter of intent, etc.) for a particular situation<\/li>\n
- I know how to structure a contract including the use of exhibits for efficiency<\/li>\n
- I know at least 6 different types of remedies that can be used when a contracted supplier fails to perform<\/li>\n
- I know the advantages and disadvantages of using at least 4 ways of resolving disputes with contracted suppliers<\/li>\n
- I know how to use indemnity provisions to prevent my company from being sued<\/li>\n
- I know how to write language that can limit the financial risk to which my company is exposed<\/li>\n
- I know how to determine if a supplier’s Force Majeure provision gives an excessive amount of protection to the supplier<\/li>\n
- I know how to write language that protects my company from undue price increases<\/li>\n
- I know how to write language to guarantee that my company gets the best pricing offered by a supplier<\/li>\n
- I know how to write or modify specifications to make them most suitable for inclusion in contracts<\/li>\n
- I know how to write warranties that will ensure that my company receives a fully guaranteed product or service<\/li>\n
- I know how to refer to a document such that it becomes a legally enforceable part of a contract<\/li>\n
- I know how to modify contracts after they have been signed by using addenda or amendments<\/li>\n
- I know how the Uniform Commercial Code can be superseded by the terms of a contract<\/li>\n<\/ul>\n
Recommended Reading<\/strong><\/p>\n
- \n
- What is a Purchase Order and How Does it Work?<\/a><\/li>\n<\/ul>\n
Recommended Resource<\/strong><\/p>\n
- \n
- CPOS Certification [Certified Procurement Operations Specialist]<\/a><\/li>\n<\/ul>\n
NLPA Learning<\/strong><\/a>:<\/strong>\u00a0Looking for authoritative procurement templates, tools, webinars, and more? Stop trying to create resources from scratch and start taking advantage of having exactly what you need right at your fingertips in\u00a0NLPA Learning.<\/p>\n<\/div><\/div><\/div><\/div><\/div>
Do You Want a More Rewarding Procurement Career?<\/h5><\/div>
<\/span><\/div>Are you tired of not getting enough opportunities, respect, and money out of your procurement career? Well, guess what? Nothing will change unless you take action towards becoming a world-class procurement professional.<\/p>\n
Earning your SPSM Certification is the action to take if you want to bring the most modern procurement practices into your organization and achieve your career potential. Download the SPSM Certification Guide today to learn how to get started on your journey to a more rewarding procurement career!<\/p>\n<\/div>
Download<\/span><\/a><\/div><\/div><\/div>Need Better Performance From Your Procurement Team?<\/h5><\/div>
<\/span><\/div>Are you a procurement leader whose team isn\u2019t achieving the results you know are possible? Maybe it\u2019s not enough cost savings. Or frustrating performance from the supply base. Or dissatisfied internal customers.<\/p>\n
You need a performance improvement plan that\u2019s easy to implement and quick to produce results. The NLPA can help.<\/p>\n
Download our whitepaper \u201cThe Procurement Leader\u2019s Guide To A More Successful Team.\u201d You\u2019ll learn the 7 steps for transforming your staff into a results-producing, world-class procurement team.<\/p>\n<\/div>
- CPOS Certification [Certified Procurement Operations Specialist]<\/a><\/li>\n<\/ul>\n
- What is a Purchase Order and How Does it Work?<\/a><\/li>\n<\/ul>\n
![](\"https:\/\/www.certitrek.com\/nlpa\/wp-content\/uploads\/sites\/5\/2020\/12\/services-contracting.jpg\" "\\"services-contracting\\"")
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