•Support the sourcing team in implementing supplier agreements and contracts by collaborating with cross-functional stakeholders and suppliers to align on terms and conditions.
•Ensure all contracts are executed in compliance with corporate guidelines.
•Review and assess existing contracts for accuracy and effectiveness.
•Maintain an up-to-date contract database in Ariba.
•Monitor and enforce contract compliance across all agreements.
•Perform risk assessments for supply contracts and agreements.
Additionally you will also:
•Collaborate with key stakeholders to ensure clarity on specifications and company expectations.
•Audit existing contracts and oversee any modifications.
•Analyze contractual risks and their potential impact on the business.
•Track performance of signed contracts in partnership with the VRM specialist.
•Ensure business objectives are achieved through effective contract implementation.
•Maintain continuous vendor risk management controls.
•Review all contract requirements and provisions, including terms and conditions, to ensure compliance with laws, regulations, and company policies.