Courtesy-exari

Contract management courses are courses where you get to learn the important and complex task of contract management.  Contract managers are some of the most sought after people in the public limited domain, and they earn quite a high salary for their services. Rather than being full-time employees, many of them like to work on a project basis and earn according to each contract they manage.   

Contract managers make sure that all terms and conditions mentioned and agreed upon in a contract come to fruition. They are hired to ensure everything goes according to plan, and there is absolute transparency in the whole deal. Private companies also use their services, but mostly, their services are used public limited companies. They also have to ensure if there are any changes in the work, payments, etc. these changes have to be noted in the contract as well and mentioned to all the parties involved. This is quite a responsible profession. 

In the contract management courses, you will be taught all the nuances of managing a contract. From drawing up contracts to make the required amendments, by the end of the course, you will be able to do it all. You will also be taught how to make reports post the completion of the contract. Contracts are legal documents and hence, they have to be dealt with expertly. And this is what the course will teach you. 

Look for procurement and contract management courses, if you want to learn and make a career in either of them. 

Courtesy-oxfordcollegeofprocurementandsupply

Right from the getting the raw materials to seeing the product in the hands of the final consumer, managing this whole process is called supply chain management. It is a very important aspect of companies that are based on making and supplying a particular finished product. For you to be a good supply chain manager, you need to be good at planning, executing, assessing and analyzing.

Planning

You have to plane for the product to be supplied consistently according to its demand. You have to plan when your product will be high demand, so, there is no shortage in the market, and you also have to plan when the demand will not high, so, too much of inventory is not stuck with you.

Execution

The whole manufacturing of the product falls under the execution process. Getting the raw materials into production, manufacturing the product, quality assessment, dispatching the product to the wholesalers and retailers, and getting the feedback on the product from the consumers is a part of the execution.

Assessing & Analyzing

The whole process is perpetual machine, so the supply chain manager has to expertly define a cycle, and analyze to find out flaws and gaps in the supply chain. This will help them improve the chain for better production, and functioning on the whole supply chain.

If you are interested in supply chain management or something similar to it, you can do some procurement and supply chain management courses. You will understand the processes better and even get a job related to it.