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Supply Management and Procurement by Robert Turner

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16 Successful Contract Management

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Successful Contract Management

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Many procurement departments and individuals do a fantastic job of constructing and issuing requests for proposals (RFPs), negotiating, awarding, and building a contract that brings great value to their organizations. But once the contract is signed they stop there and forget about it. Contract management is a primary ingredient of best-in-class strategic supply management. It does not do any good if great value is gained in the contract creation process and not implemented ...

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