Developing Mutually Beneficial Payment & Contract Terms to Strengthen Supplier Relationships
Time: 1:30 pm
day: Conference Day Two
Details:
- Defining clear liability, warranty, and commissioning responsibilities in direct procurement setups to reduce conflicts and ensure accountability
- Navigating contract negotiations to balance financial risk and payment terms between contractors and suppliers for smooth cash flow management
- Incorporating future-proof legal language and tariff contingencies into contracts to mitigate risks from regulatory changes and supply chain disruptions
