Ep. 3 Retail Matters: How to navigate contract changes across your supplier network
In our third epsiode, our experts explores some of the recent challenges across supply chain networks, what the triggers for those are and how best to manage relationships through a range of contract management tools.
They discuss what might trigger the need to revisit or renegotiate existing contractual commitments and they go on to consider the importance of contract management when contracts become unviable due to factors such as Covid-19, the cost of raw materials and rocketing energy prices.
In addition, our experts consider how best to approach conversations with suppliers to implement changes with positive impact as well as what contractual mechanisms are available to facilitate such discussions.