Supplier Management Flashcards
What is a supply contract?
What payment terms are required for suppliers?
What legislation / regulations govern the construction supply chain?
How did Covid affect supplier management?
If a supplier became insolvent, would you still have to pay them, even if they were unable to supply your order?
What is a supplier framework?
What is a Term Service agreement?
What sort of contract would you use for a supplier?
How could you develop a collaborative relationship with a supplier?
Explain the vesting process?
Explain fraudulent / duplicate invoicing?
What do you do to ensure that you get what you pay for and only pay for what you get?
What was the lift contractor’s performance issues at Upper Brook Street?
Did the lift contractor at Upper Brook Street have a LD clause that would allow you to reclaim any LDs levied on your firm?
· Why / Why not?
How did you resolve the performance issue of the lift sub contractor at Upper Brook Street?
What did you do at Upper Brook Street (if anything) re:
· Contractual mechanisms?
· KPIs?
· Performance monitoring?
· Benchmarking?
· Changing the frequency of meetings?
