Contract Management Courses

Earlier, the profession of purchasing and supply management involved only sending out purchasing orders. It has now evolved a lot to include making and managing comprehensive contracts with tactical suppliers. So, purchasing and supply managers of today need to develop and refine their contract-making and contract-managing skills. IPSCMI (International Purchasing and Supply Chain Management Institute), an authoritative body in purchasing and supply chain management, to help business practitioners gain commercial contract management skills, designed the Certified International Commercial Contracts Management course. This core certification from the IPSCMI confers the CICCM designation upon the candidates and makes them highly recognized in the international commercial environment. However, the training for this certification is not directly provided by the IPSCMI. We are tied up with individual alliance partners to provide this. Blue Ocean Academy is an ISO 9001:2008 certified, leading firm in providing training and education in the UAE. It has ignited the careers of numerous professionals from diverse industries. The academy intends to bridge the gap between knowledge and infrastructure to impart advanced skills to candidates and thus shape them into dynamic and highly competitive professionals. IPSCMI has collaborated with this esteemed institute to offer candidates the training for CICCM certification.

On what CICCM training program train the candidates on?
Multiple areas of contract management like administrative responsibilities, different contract types, supplier management concepts, and dispute resolution procedures. Also, financial responsibility procedures, contract administration concepts, and the impacts of various types of contracts on administration. Not only that, areas such as administering contracts which require the usage of buyer-provided property, termination of contracts- procedure, work control procedures, compliance procedures, closeout of contracts-procedures, claim avoidance and processing, expediting procedures, and contract financing and payments are discussed during the training.
Who should take up the CICCM program?
Contract and business managers; lawyers involved in the contracting process; export-import dealers; professionals in contracts, supply chain management, materials and purchasing; international sales and marketing personnel; and anyone who wants to get trained in international commercial contracts management.
How do candidates benefit from the course?
The CICCM course helps candidates to enhance their commercial contract management competencies. The successful completion of the certification program will help candidates to-
  • Gain knowledge in concepts pertaining to contract administration.

  • Apply the correct contract type suiting the contracting situation.

  • Gain international marketing skills.

  • Make sure that the purchasing organization satisfies its bit of the supplier’s buyer agreement.

  • Make sure that the supplier’s performance and progress as per the contract.

  • Resolve any arising issues (if any) during the contract term to protect the interests of the purchasing organization.

  • Discern the need for modifications in the contract, suggest impartial changes, and determine whether the supplier should shoulder the increased performance costs.

  • Maintain complete, precise, documentation and records of the contract.
Hey Procurement Professionals, this post is for you!

Hey Procurement Professionals, this post is for you!

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