Contracting Excellence Journal

Innovation – simple but not easy!

Posted by Bill Jarrard, IACCM - Business Development & Member Advocacy, Australia | Jun 18, 2018 1:34:24 PM

Is innovation important to your success? If so, can you make it happen? Many do not know how -- even though innovation is vital to business value and successful results.

Saudi Electricity Company (SEC) identifies IACCM as leader in skills transformation, CM certification

Posted by IACCM | Jun 6, 2018 9:22:53 AM

Tim Cummins, CEO of IACCM, and Sulaiman Ibrahim Al-Hubaishi, Senior Vice President Supply Chain, were among 50 attendees at the IACCM Member Meeting, hosted by Saudi Electricity Company on April 15, 2018 at their facility in Riyadh, Saudi Arabia.

Topics: contract /commercial management, contracting excellence, organization & people

Welcome new IACCM Members!

Posted by Stewart Prizeman, VP Sales, IACCM, North America | May 30, 2018 5:54:06 AM

In case you haven’t heard, IACCM has been conducting introductory sessions for new IACCM members to answer pressing questions about…

Topics: contract /commercial management, organization & people, communication

Smarter way to harmonize all parties to the contract

Posted by Kate Vitasek, faculty, University of Tennessee’s College of Business | May 30, 2018 5:26:22 AM

Do we exist within the contracting paradox - “the delusion that we write contracts to make plans, but we cannot really plan accurately”¹ And, as a nice twist, we trick ourselves into believing that we can plan?²

Topics: contract /commercial management, organization & people, contract management

Self-service contracting – smartest companies use it -- do you?

Posted by Julien Nadaud, Chief Product Officer, Determine, Inc. | May 30, 2018 5:13:30 AM

Their self-service contracts are signed with a single ‘click,’ and the service they receive is instant. Agile self-service customer deals are the future – but if your contract lifecycle management (CLM) systems can’t cope you could soon pay the price.

Topics: contract /commercial management, organization & people, contract management

When is a risk not a risk?

Posted by Dr. David Hillson, Founder and Director of The Risk Doctor Partnership, UK | May 29, 2018 4:49:42 AM

Obviously risk management is supposed to manage risk. But in over thirty years of working in the field, and having seen thousands of risk registers, I’ve found that about half of the things people identify as risks are actually not risks at all.

Topics: contract /commercial management, contracting excellence, risk management

Technology takes center stage inside financial supply chains

Posted by Robert Handfield, PhD & Joseph Martinez. | Apr 19, 2018 9:31:36 AM

If you hesitate to pilot new contracting technologies and hope to stick to tradition, you’re not alone. But ready or not, many automations are upon us, including block chain, process automation, Artificial Intelligence (AI), and digitization.

Topics: technology, contracting excellence, supply chain management, contract management

Torchbearers’ driving greater alignment with corporate strategy

Posted by Richard Sterling, AltoPartners’ global practice leader for Contract and Commercial Management. | Apr 16, 2018 2:13:26 PM

Procurement has not experienced a positive image with C-suites for many years. Seen as being divorced from corporate strategy, procurement is accused of failing to create value.

Topics: contracting excellence, organization & people, contract management

GDPR CHALLENGES: Are you ready? Two IACCM webinars cut to the chase!

Posted by IACCM | Apr 9, 2018 2:59:10 PM

Deadline is May 25, 2018 for meeting compliance standards set by the General Data Protection Regulation (GDPR). With penalties for non-compliance set at up to 4% of annual revenue, it’s a clear area for focus – but are you ready?

Topics: contract /commercial management, technology, contract management