Tactics, Knowledge, Enforcement
Continental Solution has gained a clear understanding of the challenges in negotiating, and executing, leveraging and enforcing compliance during contract management process. We have sets of insights and knowledge to help clients improved their contract management performance to maximize the procurement benefit and reducing risk and inefficiency and incorporate it with functions of flexibility and responsiveness to meet with ever changing environment.
Negotiation Service
Well-negotiated, mutually beneficial contracts are the foundation of strong business relationships with suppliers and partners. Negotiation is not the only purpose to get the best price for products and service, yet also to reach mutual agreement and understanding on proposed contractual terms and condition. We work together with clients to develop and execute negotiation strategies and improve synergies and relationships with vendors to achieve more favorable outcomes for maximizing contract value.
Example of areas to be negotiated:
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Supply conditions of volume, price, discounts.
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Product specification and quality standard
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Test and inspection norm
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Delivering schedule
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Payment schedule and terms
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Dispute resolution
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Termination and exclusion clauses
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Product Warranty and after-sales service
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Repair and Return Policy
Contract Management
We works with clients to improve supply chain operations by helping them in their efforts to address complex contractual issues across a procurement life cycle. We provide solutions to enable companies to structure more profitable contracts, streamline the contracting process and increase compliance.
By optimizing contract management, it drives better business performance and reduce risk while strengthening supplier relationships. It makes easier to control and manage contracts at each stage in the contract life-cycle – from creation and execution to ongoing monitoring, amendments, analysis and renewal.
Ensuring that all relevant parties are aware of their roles and responsibilities in the immediate implementation and transition process
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Checking that the agreed processes for contract management are in place by all the parties
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Seamless transition process and continuity plans for switching suppliers and contract termination
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Performance appraisal to cover all terms and conditions of the contract to determine the supplier's capability in complying the contract.
Signature Witness and Notary Service
To avoid unnecessary contract dispute in the future, signature witness and notary service will be employed for paper contract signed by the vendor. We recommend using digital signature service; it is more convenient and inexpensive way and has the same legal binding effect.
^ Translating service are available
Obligation and Compliance Enforcement
An agreement has little worth if they are not well enforced and complied to. Continental Solution helps you implement and enforce vendor agreements by tracking internal and external compliance within the contract.
Contractual compliance and enforcement is one challenge area comes to oversea procurement that, international buyer found it is difficult and very expensive to tackle legal matters raised from the agreement due to distant location, culture barrier. We work as if your representative office in China, to take care of contractual dispute for you.
