Contract Management Glossary Definition - Tradogram
Contract Management
Understand contract management in procurement. Explore processes for creating, monitoring, and enforcing contracts.
Contract management refers to the active process of a buyer and supplier working together to fulfil the requirements of an active contract. Typically, the management of a contract requires communication among stakeholders, performance and quality reports for goods and services rendered, and tracking of details including delivery times and locations. On Tradogram, the contract repository allows for the management of multiple contracts, with tracking for details such as item quantities, pricing information, and timeframes.
