Supplier Change Management Procedures are the processes and procedures used to address issues and changes related to supplier contracts and services. They involve making sure that any change that might affect the delivery of a good or service is properly managed, and that both buyers and sellers are aware of any modifications that need to be made. These changes include addressing costs, product or service specifications, or delivery timing. Supplier Change Management Procedures ensure that agreements are met, expectations are aligned, and all terms within the contract are followed. It’s important for procurement teams to remain organized when managing suppliers – so they can successfully navigate any changes that may arise!