During the early stages of the contract, the CO should develop a communications plan to ensure that all information is effectively transmitted between the supplier, client, and various internal groups (e.g., purchase/SCM team, Marketing, Finance). This plan will include the responsibilities, timing, and points of coordination for such items as:
Changes and updates will likely occur during the lifetime of the contract, so the contract must be flexible enough to provide for such events. Proper management-reporting techniques are crucial to maintaining the most current information regarding the contract.
