The new world order: sustainable and agile supplier contracts

The coronavirus pandemic has led many organisations to put a magnifying lens over their supplier relationships – and in many cases have found them wanting. Rapid changes in demand planning, collapses in the supply chain, and managing minimum spend requirements against tightened budgets have all surfaced new questions about how procurement, HR and talent acquisition can support business continuity with new contracting models.

Lorien has partnered with Supply Management Insider to help our network understand the changing landscape for those working in procurement and HR – from a new focus on flexibility to building long lasting relationships with your supply chain. In particular, we focus on the future of RPO and MSP models and how to create a true partnership with your provider. In this whitepaper we cover: 

• The shortcoming of existing contracts, and the key components of new contracting models
• How to build flexibility, scalability and sustainability into your supply chain 
• Innovations in contract models, including opportunities for futureproofing and potential pitfalls
• Why developing true partnerships with suppliers is the key to long term agility, to encourage trust and to mitigate the need for dispute resolution

You can download the paper for free by completing the form here, or email solutions@lorienglobal.com with any questions.