Third Party warehousing contract reviews are a challenge for any organisation. They’re complex, convoluted and the smallest oversight can have devastating repercussions for your business. And to make matters worse, third party contract reviews often arise as a result of significant business changes, so it’s difficult to give them the attention they deserve.
Many companies seek legal advice before signing on the dotted line, but in most cases, that’s not enough. Legal advice, while necessary, typically covers only the legalities of the contract; solicitors generally don’t have the operational experience required to address the contract’s appropriateness, from an operational standpoint. Before finalising a third party contract, it’s vital that you identify and mitigate any non-legal risks.
Otherwise your logistics staff will later be forced to spend too much time fixing problems that a good legal and operational contract could have prevented.
This aspect of a Third Party warehousing contract review is best assigned to a logistics specialist, but, unfortunately, most companies don’t have the necessary expertise, in-house.
With more than 15 years’ experience managing and working with third party companies, Focus24-7 can ensure that your contract is effective, efficient, productive and profitable. Most importantly, it will work for you.
Supply Today Third Party warehousing contract review
• Thorough cost review
• Recommended suggestions in plain English written report
• Confidentiality assured
• Can be performed periodically or on an ad-hoc basis
• Independent expertise balances the negotiation
Our ability to cut costs, recover funds, and close loopholes for our clients within the contract management area has produced three to four-fold returns on investment and prevented thousands of pounds more in future losses.
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