Contract Advice: How to Create Better Contracts and Deals in Supply Chain with Will Drewery

#YouCanContract #howtocontract #LauraFrederick #contract #lawyer #contractdrafting #supplychain

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In this episode, Laura Frederick interviews Will Drewery, founder and CEO at Diagon, and a former lead for Tesla's supply chain segment for manufacturing equipment.

Will talks about ways to create synergy between lawyers and supply chain managers to generate better contracts and manage risk more effectively.

This episode would be great for lawyers who want to learn how to best work with the supply chain on contracts.

*Will is building a new company called Diagon Technologies. It is the first marketplace for machinery and equipment to help manufacturers procure products and manage the whole end-to-end process. "This is the tool that I always wished I had when I was sitting in the buyer's seat," says Will.


EPISODE LINKS:
Full transcript: https://www.howtocontract.com/blog/be...
Apple Podcasts: https://podcasts.apple.com/us/podcast...
Spotify: https://open.spotify.com/episode/5omo...
Google Podcasts: https://podcasts.google.com/feed/aHR0...

OUTLINE:

0:00 — Introduction
0:35 — Welcome words
1:18 — "I'm a supply chain manager by background" — from being a DoD contractor to working at Tesla to building his own company
4:32 — Will's first exposure to contracts
6:42 — Dealing with contract issues when working with suppliers
8:24 — How Will stopped seeing their legal team as an impediment and started seeing them more as a resource for him and his team
10:38 — "It’s about understanding that there's a real interest in making sure that we've got positive outcomes for getting the projects to completion and making sure that no one gets burned in the process."
11:42 — Here's why it's really important to see your suppliers as partners
13:12 — Why risk shifting to the counterparty can be shortsighted
15:26 — Why it's important for lawyers to meet suppliers
16:18 — One thing that saved Will on a number of projects
18:02 — Why the supply chain is the lawyer's best friend if you're doing anything in procurement
20:29 — Will's advice for supply chain managers working with their legal teams
22:25 — Will's advice for lawyers working with their supply chain teams
23:24 — The best lawyers that Will has worked with always ask him these questions
23:49 — Thank you!

OTHER LINKS:

Follow Will Drewery on LinkedIn:   / williamdrewery  

Follow Laura Frederick on LinkedIn:   / laurafredericklaw  

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