Webinar on Legal Aspects in Procurement

Procurement & Supply Chain Professionals are entering into contracts on a day to day basis. Each contract is a promise or a set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty. To mitigate risks and ensure performance, there is an urgent need that procurement & Supply chain staff should be well aware of the legal issues likely to arise routinely as part of their jobs, especially contract law, and in particular how and when the company may be legally bound and how contracts may be varied or terminated. Learning Objectives: The key takeaways from this WEBINAR are as follows: Understand the legal framework which can impact day-to-day Procurement Nature and purpose of contracts Formation of Contracts Types of Contracts Understanding various Terms and Conditions. Managing contractual non-performance in procurement