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Review the outcomes of contracts to supply goods

URN: SFLSCM94
Business Sectors (Suites): Supply Chain Management
Developed by: Lantra
Approved on: 2022

Overview

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This standard is about reviewing the outcomes of contracts to supply goods. It involves obtaining and evaluating information, and identifying opportunities to improve contract outcomes. It also includes making recommendations and providing information.

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This standard is for supply chain practitioners. They could be, for example, in purchasing, freight logistics operations or transport management roles.

Performance criteria

You must be able to:

  1. obtain the relevant information on the outcomes of contracts to supply goods
  2. review information on the outcomes of contracts
  3. identify ways to improve the outcomes of contracts to supply goods
  4. provide the results of the review to the relevant colleagues
  5. recommend improvements to the contracting process to the relevant colleagues

Knowledge and Understanding

You need to know and understand:

  1. your organisation's strategic aims, objectives and activities in relation to the supply chain
  2. the types of supply chain management theories, models and practices
  3. your organisation's information sources on supply chain processes and reviewing contracts
  4. the relevant legal and regulatory requirements for contracts
  5. the required procedures for contracting with other organisations
  6. how to review the outcomes of contracts to supply goods
  7. the types of supplier evaluation methods and procedures
  8. the types of financial analysis methods and procedures to assist with reviewing contracts to supply goods
  9. the types of procurement theories, models and practices
  10. the types of risk analysis methods and procedures to assist with reviewing contracts to supply goods
  11. how to provide the results of the review to colleagues
  12. how to make recommendations to improve the contracting process

Scope/range

Scope Performance

Scope Knowledge

Values

Behaviours

Skills

Glossary

  1. Colleagues: permanent, temporary, agency staff, external
  2. Contracts: a legally binding agreement. Usually comprise of formal legally binding agreements, but can be informal agreements; both can be enforced through civil law. Includes: Contract Act, Sale and Supply of Goods Act, Sale of Goods Act, Consumer Rights Act etc.
  3. Supply chain: **Procurement, purchasing and supply, logistics, transport and operations management, within and between international boundaries

Links To Other NOS

External Links

Version Number

2

Indicative Review Date

2027

Validity

Current

Status

Original

Originating Organisation

Lantra

Original URN

SFLSCM94

Relevant Occupations

Managers in Distribution, Storage and Retailing, Retailing and Wholesaling, Transport Associate Professionals, Warehouse and Distribution

SOC Code

1243

Keywords

review; outcome; contracts; supply chain