A contractual structure where the organization and its service provider agree to share financial gains as a result of continuous improvement and/or innovation. Including gain sharing in a service contract can incentivize providers to bring forward more innovative or cost-effective methods of delivery.
Procurement Courses
For Individuals
- PSPP: Procurement program for individual
- CMP: Contract Management Program – Essentials for Individuals
For Teams
- PSPP: Procurement program for Team
- CMP Contract Management Program – Essentials for Teams
- Webinars: Webinars for my Team
Disclaimer: The views and opinions expressed in this article are those of the Subject Matter Experts and do not necessarily reflect the official policy or position of The Procurement School.