Learn & implement the modern Contracts Management and Contracts Administration strategies that can save your company millions
Contract management is the process of managing contract creation, execution, and analysis to maximize the operational and financial performance of an organization while reducing financial risk. Procurement is inextricably entwined with contract management as it mainly relies on building long-term relationships with suppliers. Procurement and supply chain management professionals are required to manage contracts with the suppliers while they are buying goods/services. This will ensure that the buyer and the seller abide by the rules mentioned in the contract thereby improving business profitability.
The CICCM certificate at Blue Ocean Academy is accredited to and awarded by the International Purchasing and Supply Chain Management Institute (IPSCMI), USA. The certifications provide an in-depth understanding of the increasingly complex technical aspects of contract management and substantially increase the chances of career progression. Professionals with this qualification often go on to build a rewarding career in their respective industries and attain leadership positions in their organizations.
PARTICIPANTS WILL LEARN
- Contract administration concepts
- Different contract types and their effects on administration
- Expediting procedures
- Work control procedures
- Compliance procedures
- How to administer contracts that will require use of buyer-provided property
- Financial responsibility procedures
- Contract financing and payments
- Administrative responsibilities
- Claim avoidance and processing
- Procedures for termination of contracts
- Dispute resolution procedures
- Procedures for closeout of contracts
- Supplier management concepts
Why get certified?
- Build credibility with a professional certification
- Earn higher salaries
- Climb up the corporate ladder
- Learn the best global practices in the industry
Blue Ocean & IPSCMI tie-up
IPSCMI, The International Purchasing and Supply Chain Management Institute, is a prestigious professional institute offering purchasing and supply chain management certifications throughout the world in all modes of instruction. IPSCMI is a premier professional certification institute well-known in the United States and the world.
Blue Ocean Academy has an exclusive tie-up with The US-based International Purchasing and Supply Chain Management Institute (IPSCMI) to offer Certified International Commercial Contracts Management courses in UAE, Saudi Arabia, Oman, Kuwait, Qatar, Bahrain, Kenya and North Africa.
PROGRAM DIRECTOR
Dr. Sathya Menon
FCIPS, FCILT, FCMI, CPM, CISCM, CPPM, CICCM, CERTIFIED SAP CONSULTANT – SCM/MM
Dr. Sathya Menon is a trailblazer in logistics and supply chain education in the Middle East. He has 25 years of experience (including consulting and training) in the field of Logistics, Supply Chain Management and Purchasing. Dr. Menon has worked with various MNCs like Ericsson, Compaq and large conglomerates like Samtel and Al Futtaim, helping them to expand their Supply Chain operations. He has personally trained more than 25,000 professionals in the field of Logistics, Procurement and Supply Chain.
Qualifications
- PhD in Logistics and Supply Chain Management
- MBA in Supply Chain Management
- MBA in Materials Management
- FCIPS – Chartered Fellow of the Institute of Purchasing and Supply (CIPS – UK)
- FCILT– Chartered Fellow of the Institute of Logistics and Transportation (UK)
- Executive Program in Artificial Intelligence – Future and Impact on Business Strategy – From MIT Sloan School of Management
- Certified SAP Consultant for Supply Chain Management from SAP, Germany
- FCMI – Fellowship from Chartered Management Institute (CMI), UK
- Certified Purchase Manager (CPM) from the Institute of Supply Chain Management (ISM), USA
- Certified International Supply Chain Manager (CISCM) from the International Purchasing and Supply Chain Management Institute (IPSCMI), USA
- Certified International Commercial Contracts Manager (CICCM) from the International Purchasing and Supply Chain Management Institute (IPSCMI), USA
- Certified International Professional Training Consultant (CIPTC) from the American Certification Institute (ACI), USA
- Certified Professional Purchasing Manager (CPPM) from the American Purchasing Society (APS), USA
- Certified Purchasing Professional (CPP) from the American Purchasing Society