Case Study

Reducing Costs And Improving Performance Through Vendor Contract Restructuring

Reducing Costs And Improving Performance Through Vendor Contract Restructuring

Pages 4 Pages

Challenge Service Experts’ contract with its vendor had expired and the vendor was requesting a significant rate increase. The company was unsure if the increase was reasonable and believed the level of service being provided was poor. The original contract was written from the vendor’s template with some one-sided terms and only included two to three performance metrics to measure the vendor’s performance. As a result there was minimal

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