The Standard General Terms and Conditions of Purchase.

Outline: 
This training provides participants with a practical and structured understanding of the Standard General Terms and Conditions of Purchase, a critical component of professional procurement activities.
It enables Buyers and Procurement Officers to better understand the contractual framework governing a Purchase Order and the respective obligations of Buyer and Supplier.
Participants learn how key contractual clauses influence the execution, performance and commercial risk of a purchase.
The course covers essential topics including delivery obligations, warranties, HSSE requirements, Quality Assurance, Pricing, Payment terms, Penalties and Bank Guarantees.
Particular attention is given to the transfer of title and risk, Liability, Insurance, Termination and Force Majeure provisions.
Participants also develop a clearer understanding of applicable law, dispute resolution, confidentiality and intellectual property provisions.
This knowledge strengthens their ability to identify contractual exposure before a Purchase Order is issued or negotiated.
A major added value of the training is therefore its contribution to procurement risk mitigation and prevention of contractual disputes.
It also improves the Buyer’s ability to negotiate with Vendors from a stronger and better-informed position.
A detailed knowledge of purchasing terms and conditions helps establish clearer expectations and more balanced relationships with Suppliers.
Overall, the training gives participants greater confidence, contractual awareness and professional autonomy when managing industrial purchasing transactions and Vendor relationships.

Audience: 
This course is primarily designed for Buyers, Procurement Officers etc who need to acquire or confirm the Best Industry Practices in Procurement.

Deliverables: 
By the end of the course, Participants will feel confident in their understanding of:
-    The General Term and Conditions of Purchase and the typical content of the Purchase Order.
By the end of the course Participants will be able to:
-    Optimize the Vendor’s relationship through a detailed knowledge of all Articles of their Standard terms and conditions of Purchase.
-    Mitigate the risk in negotiation with the Vendors.

Certificate: 
This course will be opened and closed by an on-line evaluation allowing Instructor and Participants to evaluate the knowledge acquisition.
A Certificate of attendance will be remitted upon completion of Training and Evaluation.

1. Supplier’s Obligations: Testing of Products – Shipping - Delivery – Warranties – HSSE Obligations.
2. Financial Terms: Taxes and Customs Duties – Pricing, Invoicing and Payment – Penalties.
3. Quality Assurance and Quality Control: Quality Control – Traceability – Audit.
4. Termination: Termination for Non-Performance – Termination at the initiative of Customer – Termination in the event of Insolvency.
5. Transfer of Title and Transfer of Risk – Acceptance of the Goods.
6. Force Majeure - Liability - Insurance.
7. Patented Devices and Processes - Registered Trademarks – Confidentiality.
8. Applicable Law – Governing Law – Resolution of Disputes.
9. Bank Guarantee.

Associated modules