How are businesses navigating tariff turmoil? A recent executive discussion revealed a mix of quick fixes and long-term plans, with some key decisions still pending. The conversation even questioned whether we're moving beyond supply chains to more flexible networks. This report breaks down what companies are doing now, considering next, and what they might be missing.

Stop hoping for good relationships and start building them. This report challenges the common belief that customer and supplier partnerships are working well. Discover why conflicts are more frequent than you think and how a relationship-first approach to contracting can unlock stronger, more resilient, and ultimately more successful collaborations.

This report delves into the factors hindering the full realization of contracting's potential and outlines actionable steps to maximize return on investment (ROI). By identifying critical areas for improvement within the contract lifecycle, we aim to equip organizations with the insights needed to drive significant value creation. While the potential benefits of contracting excellence are undeniable, achieving them requires a concerted, cross-functional effort and sustained leadership commitment. This report provides the roadmap to transform contracting from a cost center into a strategic asset.

The 2023-24 Benchmark Report Series, a collaboration between Icertis and World Commerce & Contracting, offers a deep dive into contract management. Based on insights from over 750 organizations worldwide, this series explores the latest trends, challenges, and best practices shaping the industry. From buy-side to sell-side and public sector to private enterprise, our reports provide tailored analysis to help you navigate an increasingly complex contracting landscape. Discover how leading organizations are leveraging AI, mitigating risks, and driving operational excellence. This series is an essential guide whether you're looking to optimize your contract lifecycle management (CLM) processes, understand regional differences, or benchmark your organization's performance.

Effective relationship management and collaboration are increasingly crucial in navigating today's volatile markets. Both buyers and suppliers recognize the mutual benefits derived from competence in Relationship Management. Indeed, in business, the emergence of ecosystems is altering competitive strategies, with substantial evidence indicating that long-term partnerships foster more innovation than traditional competition. This report explores the current state of B2B Relationship Management, particularly the benefits of increased collaboration and the barriers to progress.

Over 90% of executives understand the need for better commercial and contract management; however, progress is uneven. Skills gaps widen as leaders race ahead and laggards stall. The transition to a digital economy creates a need for innovation in commercial policies and contracting practices, which can only be fulfilled through a professional workforce. Earn the CCM Certifications, which set the global standard for this professional capability. CCM is fast becoming a globally recognized discipline and is poised for rapid growth within both the public and private sectors.

In a 2023 report, a staggering 61% of Chief Procurement Officers (CPOs) identified "increasing supplier collaboration" as their top priority. This underscores the critical role of Supplier Relationship Management (SRM) in fostering robust partnerships that drive innovation, efficiency, and mutual growth. Our SRM Certifications are the industry's only accredited programs offering a comprehensive, flexible, and globally recognized learning experience. Our curriculum includes a dedicated AI module, equipping professionals with the essential knowledge to harness AI's power and revolutionize SRM. By understanding how AI can deepen relationships, optimize supply chain operations, enhance supplier management, and contribute to sustainability goals, our certifications empower individuals to drive organizational success.

Thrive in the New Normal - As of 2023, 12.7% of full-time employees work from home, while 28.2% work a hybrid model. WFH Research (2023) Global Survey of Working Arrangements https://wfhresearch.com/gswadata/ In today's remote-first world, effective virtual collaboration is no longer a luxury; it's a necessity. Our Managing Contracts Virtually Online program empowers you to navigate the contract lifecycle confidently, from initiation to closeout, all while working seamlessly with your team across any distance.

Risk managers often find themselves caught between a rock and a hard place. They juggle the competing demands of aligning organizational priorities with project team needs, ensuring compliance while fostering innovation, and maintaining transparency while preserving confidentiality. For a more in-depth exploration of these strategies and their practical applications, read Mohit Khullar's Contracting Excellence Journal article.

Organizations often overlook the critical role of contract provisions when planning a transition to a new service provider. Clear and comprehensive agreements can prevent misunderstandings, streamline the transition process, and minimize disruptions to operations. This article outlines ten essential considerations for organizations to include in their contracts before initiating a service provider change. By addressing these provisions, organizations can mitigate risks, reduce costs, and ensure a smooth transition.

Modern slavery is an evolving and changing supply chain risk. Just because due diligence has been done doesn't mean it won't become a problem later in the contract cycle. This session looks at how to continually assess modern slavery risk in your supply chain. It explores how to manage capacity challenges, the role of technology and automation, and what practitioners can do to continually apply due diligence in a time and budget-squeezed environment.

Travis Miller, author of The Lawyer's Corporate Social Responsibility Deskbook and Guide to Supply Chain Compliance Laws and Regulations, will share his expertise on the evolving ESG landscape. He will discuss the supply chain implications of ESG, including the geopolitical and regulatory concerns facing global businesses. This session will dive into the ESG obligations in the context of commercial, legal, and contracts. He will share how to implement an effective supply chain risk management program that can address current and emerging ESG disclosure requirements.

You can't achieve much without taking a little risk. In fact, sometimes, not taking a risk is a big risk in itself. For example, opening the door for a competitor to leapfrog you with a sexy new product or shifting consumer/societal attitudes to make your approach irrelevant or counterproductive. Join risk expert Bryan Whitefield, a management consultant since 2001, specialising in risk-based decision-making and influencing decision-makers, born from his more than twenty years of the design and implementation of risk management programs for more than 150 organisations across the public, private and not-for-profit sectors.

Join us for insights into better contracting through the latest tips, tricks, and trends in risk transfer and risk management. Contracts don’t just allocate risks between the parties. Increasingly, risk-management pros use risk-transfer techniques and products to offload risks onto third parties that can more completely and cost-effectively handle them. Missing out on these innovations means falling behind.

The WorldCC Community is your hub for collaboration and growth. Here, you can connect with like-minded professionals, brainstorm solutions, share insights, and overcome industry challenges. This platform brings together top organizations and individuals, fostering a vibrant community where knowledge is shared and best practices are developed. Engage in TASK discussions with WorldCC staff, Council Members, and industry leaders to gain valuable perspectives and drive innovation.

Connecting you globally, engaging with you locally. With members in over 190 countries, WorldCC understands the importance of tailoring global insights to local needs. Our diverse event portfolio is designed to connect you with the community, wherever you are. From intimate webinars to large-scale summits, we offer a range of opportunities to learn, network, and share experiences. Whether you're a seasoned member or just starting your WorldCC journey, we invite you to join us for an event that resonates with your interests and goals.

Our awards are about you, our community, and your amazing achievements in contract management, design, and innovation. Awards are a huge part of how we recognize opportunities to improve, achieve, and revisit our current expectations and goals to support our members better worldwide.

Join a community of commercial and contract pioneers. World Commerce & Contracting is a hub for forward-thinking professionals who challenge the status quo. As a member, you'll gain access to innovative tools and resources that empower you to measure, improve, and lead in commercial excellence. Our community fosters a culture of collaboration and knowledge sharing, enabling you to benchmark your performance, access cutting-edge research, and drive positive change within your organization.