The Bottom Line

After The Contract Is Signed, The Real Work Begins

Posted by Jim Kurtz on Apr 23, 2019 8:00:00 AM

Stacked coins adding up to rising bar chart

Negotiating new vendor agreements might be the part of the supplier contract process that garners the most attention, but it’s the careful attention to detail after the contract is signed that promises will deliver hard-fought savings. We don’t mean to say that vendors are always looking to pull one over on you after you have signed on the dotted line. Honest, human errors do occur on both sides of the contract, and maybe more often than we’d like to think.

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Topics: Insider, Manufacturing, Vendors & Contracts