RECENT ARTICLES IN CONTRACTS
Set up your Contracts for Active Management
Posted in Supply Chain Management on 4/15/2015
Contracts are an often overlooked asset in an organisation. In fact they are frequently not even regarded as an asset. The proper setting out of contracts, management and storage of them is however a fundamental activity in business. Each contract represents the relationship with the respective supplier, so it’s value is the sum of the purchase value from that supplier plus all the value added through your own processes. In short, your contract portfolio would have roughly the same value as your balance sheet!
Reduce the risk of SaaS lock-in
Posted in Changing Suppliers on 3/20/2015
SaaS or Software as a Service is a modern trend for delivering the functionality of a software package as a service rather than as something that you install and operate yourself. But with such great functionality comes risk: what if you need to change your provider?