Professional organizations are tremendous contract management resources. Many of the benefits are available with a simple website visit, while membership can open doors to education, certification, and one-on-one connection with colleagues facing similar challenges.
Here are some organizations that contract managers, inside counsel, and procurement professionals should get to know better.
WorldCC – World Commerce and Contracting
www.WorldCC.com
It’s hard to be unaware of the World CC (formerly the IACCM). . They are well connected among contract professionals, global and national corporations, and software and services providers. Their loyal membership (chiefly in-the-trenches contract managers and negotiating counsel) grows from year to year, reinforced by productive conferences where contract professionals can share their knowledge in workshops and larger presentations. WorldCC's weekly Ask the Expert webinars cover hot topics in the profession with large online audiences and intelligent questioning. WorldCC has a distinctly commercial emphasis, with a significant presence by contract-heavy corporations in oil and gas, business services, aerospace/defense, technology - software, public sector, telecommunications, engineering & construction. The leadership avows an inspirational and forward-looking approach to contracting as a tool for better business operation and growth. Toward this end, they publish research (I), best practices (Contracting Excellence Journal), and founder Tim Cummins’s to-the-point Commitment Matters blog.
NCMA – National Contract Management Association
www.ncmahq.org
For contract managers whose work involves federal or state government contracts, the NCMA is an essential resource. Widespread local chapters make access to in-person events easy; there is also a virtual chapter. There are twice-monthly webinars on nuts-and-bolts topics such as “FARS/DFARS Updates,” “Profit Analysis and Weighted Guidelines,” “Small Business Size Protests.” Many of their standard reference works have gone through several editions, including Contract Management Body of Knowledge, Desktop Guide to Key Contract Terms & Conditions, and Certified Federal Contracts Manager Study Guide. Their peer-reviewed Journal of Contract Management comes out annually.
ACC – Association of Corporate Counsel
www.acc.com
Commercial and contract practice areas are well represented in ACC’s education, events, and literature. The Contracts Portal helps attorneys in drafting and benchmarking, negotiations, and management. Online, on-demand professional education and materials deal with contracts by type, retention policies, warranties, and indemnities, etc. Education options include in-person, online, and certification programs. While much content is available to members only, some is available to the public. The ACC Value Challenge features articles and ebooks focusing on reducing costs, higher predictability, and better outcomes. ACC also actively advocates on issues affecting in-house counsel or where an in-house counsel perspective is relevant. The are many ways for lawyers to join this organization, with four types of membership (individual, corporate, corporate premium, and in-transition/retired). However, membership criteria exist to avoid potential conflicts of interest.
ISM – Institute for Supply Management
www.instituteforsupplymanagement.org
Contract managers will find plenty of useful information at ISM available from their Newsroom/Blog, ISM Report on Business, and Inside Supply Management Magazine. ISM’s education focus is CPSM or CPSD certification. Reference works include ISM Glossary of Key Supply Management Terms which has gone through numerous editions. ISM also supports forums for members with common interests, based on supply management areas of practice. Two forums are industry-specific to pharma or utilities. ISM offers individual, corporate, and student/academic memberships.
SCMA – Supply Chain Management Association (Canada)
www.scma.com
SCMA focuses on professional development, education, and advocacy. Many of its education programs are geared to supply management professionals who wish to gain skills and advance in their careers. Education programs include a Diploma in Procurement and Supply Chain Management and a path to becoming a Certified Supply Chain Management Professional (CSCMP). News about supply management is delivered through Supply Chain Canada magazine and the SCM Resource Centre, a database of articles, reports, and research available only to members. In addition to advocacy for the profession, SCMA has published a Code of Ethics.
CLOC – Corporate Legal Operations Consortium
www.cloc.org
CLOC provides webinars and other training around the core competencies of legal operations, one of which is vendor management. CLOC’s global “Institutes”, two to three days in length, offer dozens of presentations and breakout sessions; contract lifecycle management, particularly as it relates to legal departments, is among the topics covered at this conference. Both individual and corporate membership types are available.
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