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Learning Objectives To understand:  the relative advantages and disadvantages of different types of procurement contracts  contract management as a form of business risk mitigation  short- and long-term contracting objectives  different types of ‘non-conventional’ contracts  challenges…

Learning Objectives To understand:  the concept and relevance of strategic cost management;  the basis of price management;  the leveraging of supplier costs of production and delivery;  the concept of the total cost of ownership over the…