The relationship between Legal and Procurement frequently constrains value as a result of inflexible contracting and negotiation. How can these two departments collaborate more effectively?Ten Tips from the IACCM:1 - Develop contract templates applicable to each type of acquisition
2 - Define pre-approved fall-back terms for frequently negotiated provisions
3 - Agree training / competency levels for delegated authority on contracts
4 - Establish regular senior level reviews between legal and pro...
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