Tag: risks
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Contract Negotiation Deep Dive: Contract Exhibits
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own contracts. In our continuing series on contract clauses from a supply chain perspective, last week… Read more
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Contract Negotiation Deep Dive: Miscellany
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own contracts. In our continuing series on contract clauses from a supply chain perspective, last week… Read more
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Contract Negotiation Deep Dive: Indemnification and Termination
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own contracts. In our continuing series on contract clauses from a supply chain perspective, last week… Read more
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Contract Negotiation Deep Dive: Training and Insurance
Disclaimer: I am not an attorney and cannot give legal advice. This series is from a supply chain practitioner’s perspective on negotiating contracts and is simply offering my perspective on common contract clauses. Seek professional legal advice for your own contracts. In our continuing series on contract clauses from a supply chain perspective, last week… Read more
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Contract Negotiation Deep Dive: Product Changes or Discontinuations and Buyer’s Property
Today’s article continues our deep dive into contract clauses, focusing on changes and buyer’s property. While these are manufacturing-centric versions of these clauses, it’s worth noting that managing change orders is also critical in construction or software implementation contracts. I also tell a story about how sometimes a change order simply costs pizza… Read more
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Bonded Warehouses and FTZs: Your Guide to Import Optimization
I first encountered Foreign Trade Zones (FTZs) and bonded warehouses while working for a manufacturer who was getting many components out of China. Before that point, most of my employers were getting the majority of their shipments domestically, either from US manufacturers or through distribution. FTZs and bonded warehouses are a fascinating approach to importing… Read more
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Supply Chain Disruption: Predicting Supplier Bad Days
The hot topic in supply chain for the last few years has been supply chain disruption. Supply Chain Brain’s annual supplier partnership publication is themed around disruption, everyone working anywhere in supply chain in 2021 remembers what working through disruption looks like, and continuing global conflicts impact everything from grain to nickel. Executive leadership teams… Read more
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How to Become a Corporate Vice President
All my career I wanted to be a Vice President. Everything I did professionally drove toward that goal, including: While all of these are good and align with the advice I was given by more senior leaders, I think they got me into people leader/management positions. They did not get me the last step from… Read more
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What makes a Utility Supply Chain unique?
Supply Chains in different industries have a lot in common – including price sensitivity, negotiations, the importance of resiliency, warehouse space issues (always either too much or too little), and the typical process of bid to purchase order to receipt. However, different industries have different considerations and tolerances beyond these basics. For a company sourcing… Read more
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Contracts in Focus: Understanding Contracts as Instruments of Purpose
This morning as I checked my inbox, I had a survey waiting for me from World Commerce and Contracting. The survey sparked me because it asked a set of questions about the purposes of contracts, and I found my answers highly varied across the questions. I will note that I am a believer in contracts… Read more