Suppliers... No business can exist without them, but wouldn't it be easier if all you had to do was focus on running things - the fun side of business - rather than constantly having to speak with this supplier or that one...

We live in the era of ‘do it yourself’. We’ve been taught that doing it yourself, doing your own thing, not wanting (or needing) to be reliant on another organization is the right way to go...

You've done it. You've successfully negotiated your way through a variety of supplier questions, jumped through the proverbial hoops and come up with a contract that suits everyone. Congratulations! You check it over one last time, make sure it's signed... and then what?

There were 10 contracts running and the little one said 'Rollover, rollover...' It's not, perhaps, quite as catchy as the old nursery favourite, but it's oh so true - with potentially hundreds of contracts running...

Contract management is an important aspect of managing supplier relationships and ensuring that products and services are negotiated at the right time and continue to receive support throughout their lifecycle...