Contract management is the process of managing contract creation, execution and analysis to maximize operational and financial performance at an organization, all while reducing financial risk. Organizations encounter an ever-increasing amount of pressure to reduce costs and improve company performance. The US-based International Purchasing and Supply Chain Management Institute (IPSCMI) has tiedup with ITI institute to offer professionals a unique opportunity to upgrade their skills.
Participants Will Learn:
- Contract administration concepts
- Different contract types and their effects on administration
- Expediting procedures
- Work control procedures
- Compliance procedures
- How to administer contracts which will require use of buyer-provided property
- Financial responsibility procedures
- Contract financing and payments
- Administrative responsibilities
- Claim avoidance and processing
- Procedures for termination of contracts
- Dispute resolution procedures
- Procedures for closeout of contracts
- Supplier management concepts
Who should take this course
ITI offers a slew of professional training courses that have been custom designed to spark professionals drawn from different industries.
From International Purchasing and Supply Chain Management Institute (IPSCMI) USA
- This is a core certification program of The International Purchasing and Supply Chain Management Institute (IPSCMI). This program offers the designation of CICCM (The Certified International Commercial Contracts Manager) to candidates who demonstrate their understanding of the fundamentals of the profession through the successful completion of rigorous professional certification examinations based upon the INTERNATIONAL COMMERCIAL CONTRACTS MANAGEMENT BODY OF KNOWLEDGE (ICCMBOK).
- A survey done by a Purchasing Magazine revealed that certified professionals earn 48% more salary than non certified professionals.
About Course Provider
ITI is a training institute that believes in giving companies and participants a thorough understanding of old and new developments in their field of interest. Therefore, we offer a range of courses that can be undertaken based on your requirement, availability and interests.
We offer industry-specific courses so that you can gain further expertise in exactly the field you require. We work together with clients to help them achieve their training objectives. This way, they are able to derive exactly what they want from the program. Users benefit from our personalized training and customer-focused training courses.
The trainers at ITI have varied academic backgrounds and industry backgrounds. This helps us evolve wholly-rounded training courses.
The ITI Institute is a highly-acclaimed seat of global learning.
A centre where professionals come to,
- Upgrade their knowledge and expertise
- Share best practices about latest industry trends
- Gain the power of knowledge, innovation, excellence
ITI offers end-to-end training solutions that are short –term, intensive and specially designed to build expertise among professionals. Internationally certified courses aid students, freshers, mid-level and senior executives to protect and add value to their careers.
ITI specializes in custom-designed corporate training modules that are delivered by our trainers at a pre-determined venue.
International certificates are endorsed by Knowledge and Human Development Authority (KHDA) and apex certifying bodies like International Quality Federation (IQF), International Purchase and Supply Chain Management Institute (IPSCMI), American Certification Institute (ACI).