The benefits of a Commercial Contracts Manager
Stability in the economy and an increase in confidence have meant many businesses are now seeking to capitalise upon their current position. A popular way of achieving this is by increasing internal efficiency in Contract management. As a result, Michael Page Legal have seen a dramatic rise in the number of businesses who are seeking one or more Commercial Contracts Managers - who work in tandem with a traditional legal team.
The remit of a Commercial Contracts Manager includes:
- Building the strategic relationship between suppliers and the business
- Obtaining services as agreed in a contract within a specified budget and timeline
- Maximising value for money
- Optimising the efficiency, effectiveness and the economy of service
- Balancing costs against risk
A Commercial Contract Manger differs from a Solicitor in their experience with implementing service performance measurements and introducing contract retention schemes. A Contract Manager will be involved at the very early stages of a bid management process, potentially having daily interaction with a sales team or an external client.
Much of the current demand has come from the manufacturing and engineering sectors; with particularly high demand for individuals with expertise in areas such as aerospace and electronics. Michael Page Legal is able to assist those seeking these sought after specialists who are able to relate in detail to a specific sector, and thereby provide the greatest possible commercial benefit to our clients.
Should you like further information on how a specialist Commercial Contract Manager could add value to your organisation, please call Raj Baden on 0121 634 8806 or email rajbaden@michaelpage.com
