What is the difference between contract management and supplier management?

Contract management concerns the 'contract execution' and 'contract termination & evaluation' phases (under the slogan: 'you can only manage a contract if it exists'). Supplier management on the other hand involves the entire contract lifecycle, from determination of needs to contract termination.

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US Legal Forms
Artist Management Agreement

Sample Management Contract With Supplier In Ohio

Q: What is the difference between contract management and supplier management?

Contract management concerns the &#039;contract execution&#039; and &#039;contract termination &amp; evaluation&#039; phases (under the slogan: &#039;you can only manage a contract if it exists&#039;). Supplier management on the other hand involves the entire contract lifecycle, from determination of needs to contract termination.

Category:

Contracts - Entertainment

State:

Multi-State

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Management Contract with Supplier in Ohio serves as a vital tool for artists seeking professional representation in their careers. This contract outlines the responsibilities of the manager, including advising the artist, negotiating contracts, and overseeing career development. It incorporates essential terms, such as the duration of the agreement, compensation structure, and rights concerning the services provided. Filling out the form requires clear identification of both the artist and manager and a detailed description of the compensation percentage and other pertinent financial arrangements. Users are advised to create a copy before editing to ensure all modifications can be tracked and reviewed. The contract benefits various target users, including attorneys who can leverage its structured legal format, paralegals who may assist artists in understanding their rights, and legal assistants who can handle administrative tasks related to contract maintenance. Moreover, business partners and owners can utilize the form to formalize agreements that safeguard their interests while promoting artists' talents effectively.