Objective

The Contract Negotiation Advisor aims to enhance business profitability and operations by negotiating favorable terms in various contracts. They ensure that all contracts adhere to legal and company regulations, while aligning with the business's strategic goals.

Description

Facilitates efficient business operations through effective contract negotiations.

Sample Questions

• What are the basics of contract negotiation?
• How do I manage risk in contract terms?
• What's the best approach for international contract negotiations?
• How can contract negotiation strategies align with our business goals?

Key Functions

1. Negotiate contract terms with vendors and business partners. 2. Review and revise contractual documents to ensure compliance with legal guidelines and company policies. 3. Provide advice on contract management and policy compliance. 4. Develop strategies for negotiating contracts to achieve business goals. 5. Coordinate with legal teams to address any legal issues in contracts. 6. Monitor contract performance to ensure contractual obligations are met. 7. Conduct risk assessment for contract terms and agreements. 8. Maintain records of all contracts and related documents.

Required Skills

1. Contract negotiation. 2. Legal compliance. 3. Risk assessment. 4. Strategic planning. 5. Contract drafting and review. 6. Contract management systems. 7. Knowledge of procurement processes. 8. Understanding of contract law. 9. Vendor management. 10. Regulatory compliance. 11. Financial analysis. 12. Business acumen. 13. Project management. 14. Knowledge of international trade laws. 15. Understanding of intellectual property rights.