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EncartaLabs

Legal Aspects of Purchasing

( Duration: 1 Day )

Every organizational entity, whether operated for profit or not, must purchase goods and/or contract for services to meet the needs of its customers, clients, and stakeholders. As a result of the dynamics that occur in this process, the potential for buyer-supplier conflict is extremely high and is in fact a very common occurrence. Proper anticipation, assessment, and management of buyer-supplier conflict can lower the cost of conflict and improve the efficiency and effectiveness of an alliance.

The costs associated with buyer-supplier conflict include lost productivity, strained relationships, poor resource utilization, and unfulfilled potential of the joint activities undertaken by the buyer and supplier in support of the relationship. Objective of Legal Aspects of Purchasing training course is to improve the productivity of the procurement personnel by making them aware of the legal aspects of the procurement function.

In this Legal Aspects of Purchasing workshop, exhaustive discussion will be done on Terms and Conditions of Purchase Order (PO) while taking supplier on board. You will also get guide on the Terms and Conditions.

COURSE AGENDA

1

First Half

  • Introduction to Contracts
  • Introduction to Indian Contracts Act (ICA), 1872
  • Discussion on court cases handled under ICA, 1872
  • Disputes while managing contracts
  • How to Prepare Contract Management Plan
2

Second Half

  • Disputes between and buyer and supplier
  • Case laws on Disputes between buyer and suppliers
  • How to make comprehensive Terms and Conditions of the Purchase Order (PO)

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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