SlideShare a Scribd company logo
Contract Review Challenges
Before & After VT Docs
Kyle Peterson - Contracts Administrator
COBHAM PRIVATE
Cobham
Contracting
Environment
Incumbent Review
Process
01 02 03 04
New VT Process Future State
COBHAM PRIVATE
Cobham
COBHAM PRIVATE
Background
Cobham Mission Systems - Orchard Park, NY
Capabilities:
• Oxygen Systems
• Space Life Support
• Space Propulsion
• Tactical Control Systems
Contracts Team:
• “Lean and Mean”
• Internal customer service
• Prioritizing resources
and tasks is vital
COBHAM PRIVATE
Desired FAR-DFARS Analysis Output
• Ensure site compliance with flowdowns
• Confirm site subcontract flowdowns reflect the contract/PO in
question
• The discovery and review of new FAR-DFARS for site
compliance and flowdown if required
COBHAM PRIVATE
Before VT
Incumbent Process
Combing for clauses
incorporated into text and/or
by reference.
COBHAM PRIVATE
• Run all FAR-DFARS against site compliance matrix to ensure
compliance and to determine if functional guidance is
required.
COBHAM PRIVATE
• Copy paste clauses into excel to compare against Cobham
Standard Flow downs to ensure all required clauses are flowed
to supply chain.
COBHAM PRIVATE
Before VT: Bottom Line
• Time intensive
• Turnaround time is essential when RFPs are due and large
purchase orders need to be processed
• Juggling multiple spreadsheets
• Not enough time spent on value added activities
COBHAM PRIVATE
Goals for New VT Process
• Analysis Outcomes Remain the same:
• Site compliance
• synchronized flow between prime contract and subs
• New FAR-DFARS
• Reduce manual document review
• Clear, actionable breakdown
COBHAM PRIVATE
With VT
• Customizable dictionaries are a game changer
• No more copy/paste and vlookups
COBHAM PRIVATE
Using VT
• Clear deliverable
• Targets exactly what needs to be highlighted to the
sales/supply chain team
COBHAM PRIVATE
Multifaceted Benefits
• Ability to search for “blank” clauses which aren’t included in
Cobham standard flow downs (dictionaries)
• Highlight to supply chain
• New clauses can be analysed and than added to the
dictionary to ensure they are flown down in the future
• Shredding multiple flowdown documents  one output
COBHAM PRIVATE
After VT: Bottom Line
• Same day turnaround
• Reduces “manual” contract review by 1 hour/contract
• Doubled output from February to March
• Audit deliverable
• More time available for value add activities
• Legal/regulatory analysis
• Contract terms negotiation
COBHAM PRIVATE
Future State
• Move beyond the regulatory/flow down sphere
• SOW Analysis
• “shall,” “must,” etc.
• VT “Compliance Matrix Scan” dictionary
• Quality Function
• Breakdown specifications, quality clauses, SDRLs
COBHAM PRIVATE

More Related Content

Similar to Contract Review Challenges Before & After VisibleThread Docs | Cobham

VisibleThread Webinar Extracting FAR contract clauses in 3 minutes - Nov 2018
VisibleThread Webinar   Extracting FAR contract clauses in 3 minutes - Nov 2018VisibleThread Webinar   Extracting FAR contract clauses in 3 minutes - Nov 2018
VisibleThread Webinar Extracting FAR contract clauses in 3 minutes - Nov 2018
VisibleThread
 
R12 purchasing presentation oa
R12 purchasing presentation oaR12 purchasing presentation oa
R12 purchasing presentation oa
Suresh Mishra
 
SharePoint for Pharma - A Risk-Based Validation Approach for Life Sciences
SharePoint for Pharma - A Risk-Based Validation Approach for Life SciencesSharePoint for Pharma - A Risk-Based Validation Approach for Life Sciences
SharePoint for Pharma - A Risk-Based Validation Approach for Life Sciences
Montrium
 
5. Process: ocp cfops work orders and project mgmt
5. Process: ocp cfops work orders and project mgmt5. Process: ocp cfops work orders and project mgmt
5. Process: ocp cfops work orders and project mgmt
ssusereb347d
 
Monitoring on premise biz talk applications using cloud based power bi saas
Monitoring on premise biz talk applications using cloud based power bi saasMonitoring on premise biz talk applications using cloud based power bi saas
Monitoring on premise biz talk applications using cloud based power bi saas
BizTalk360
 
Procure to Pay P2P Training
Procure to Pay P2P TrainingProcure to Pay P2P Training
Procure to Pay P2P Training
Oracle Financials Oracle SCM Training
 
Tokyo AK Meetup Speedtest - Share.pdf
Tokyo AK Meetup Speedtest - Share.pdfTokyo AK Meetup Speedtest - Share.pdf
Tokyo AK Meetup Speedtest - Share.pdf
ssuser2ae721
 
Elevation Query Extension: Introducing Subselects into Lucene Queries
Elevation Query Extension: Introducing Subselects into Lucene QueriesElevation Query Extension: Introducing Subselects into Lucene Queries
Elevation Query Extension: Introducing Subselects into Lucene Queries
Lucidworks
 
Intro to DevOps
Intro to DevOpsIntro to DevOps
Intro to DevOps
Pritiman Panda
 
Point ofview devops
Point ofview devopsPoint ofview devops
Point ofview devops
Reshmi Nandy
 
Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl
Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl
Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl
DeepCrawl
 
News UK - Our Journey to Cloud
News UK - Our Journey to CloudNews UK - Our Journey to Cloud
News UK - Our Journey to Cloud
Amazon Web Services
 
FORCES - EBS Upgrade Compared to SaaS Cloud.pdf
FORCES - EBS Upgrade Compared to SaaS Cloud.pdfFORCES - EBS Upgrade Compared to SaaS Cloud.pdf
FORCES - EBS Upgrade Compared to SaaS Cloud.pdf
JacobYeboa1
 
The Wright Way into the Cloud: The Argument for ARCS
The Wright Way into the Cloud:  The Argument for ARCSThe Wright Way into the Cloud:  The Argument for ARCS
The Wright Way into the Cloud: The Argument for ARCS
Alithya
 
The Art of Planning and Writing Specifications and Requirements
The Art of Planning and Writing Specifications and Requirements The Art of Planning and Writing Specifications and Requirements
The Art of Planning and Writing Specifications and Requirements
Thomas Tanel
 
Oracle apps r12 scm functional training
Oracle apps r12 scm functional trainingOracle apps r12 scm functional training
Oracle apps r12 scm functional training
FuturePoint Technologies
 
Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...
Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...
Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...
HostedbyConfluent
 
Micro services
Micro servicesMicro services
Micro services
Parthiban J
 
Micro services - Practicalities & things to watch out for
Micro services - Practicalities & things to watch out forMicro services - Practicalities & things to watch out for
Micro services - Practicalities & things to watch out for
Parthiban J
 
Migration to Flows – Getting it Right!
Migration to Flows – Getting it Right!Migration to Flows – Getting it Right!
Migration to Flows – Getting it Right!
panayaofficial
 

Similar to Contract Review Challenges Before & After VisibleThread Docs | Cobham (20)

VisibleThread Webinar Extracting FAR contract clauses in 3 minutes - Nov 2018
VisibleThread Webinar   Extracting FAR contract clauses in 3 minutes - Nov 2018VisibleThread Webinar   Extracting FAR contract clauses in 3 minutes - Nov 2018
VisibleThread Webinar Extracting FAR contract clauses in 3 minutes - Nov 2018
 
R12 purchasing presentation oa
R12 purchasing presentation oaR12 purchasing presentation oa
R12 purchasing presentation oa
 
SharePoint for Pharma - A Risk-Based Validation Approach for Life Sciences
SharePoint for Pharma - A Risk-Based Validation Approach for Life SciencesSharePoint for Pharma - A Risk-Based Validation Approach for Life Sciences
SharePoint for Pharma - A Risk-Based Validation Approach for Life Sciences
 
5. Process: ocp cfops work orders and project mgmt
5. Process: ocp cfops work orders and project mgmt5. Process: ocp cfops work orders and project mgmt
5. Process: ocp cfops work orders and project mgmt
 
Monitoring on premise biz talk applications using cloud based power bi saas
Monitoring on premise biz talk applications using cloud based power bi saasMonitoring on premise biz talk applications using cloud based power bi saas
Monitoring on premise biz talk applications using cloud based power bi saas
 
Procure to Pay P2P Training
Procure to Pay P2P TrainingProcure to Pay P2P Training
Procure to Pay P2P Training
 
Tokyo AK Meetup Speedtest - Share.pdf
Tokyo AK Meetup Speedtest - Share.pdfTokyo AK Meetup Speedtest - Share.pdf
Tokyo AK Meetup Speedtest - Share.pdf
 
Elevation Query Extension: Introducing Subselects into Lucene Queries
Elevation Query Extension: Introducing Subselects into Lucene QueriesElevation Query Extension: Introducing Subselects into Lucene Queries
Elevation Query Extension: Introducing Subselects into Lucene Queries
 
Intro to DevOps
Intro to DevOpsIntro to DevOps
Intro to DevOps
 
Point ofview devops
Point ofview devopsPoint ofview devops
Point ofview devops
 
Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl
Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl
Big Site Migrations- Michal Magdziarz, CEO of DeepCrawl
 
News UK - Our Journey to Cloud
News UK - Our Journey to CloudNews UK - Our Journey to Cloud
News UK - Our Journey to Cloud
 
FORCES - EBS Upgrade Compared to SaaS Cloud.pdf
FORCES - EBS Upgrade Compared to SaaS Cloud.pdfFORCES - EBS Upgrade Compared to SaaS Cloud.pdf
FORCES - EBS Upgrade Compared to SaaS Cloud.pdf
 
The Wright Way into the Cloud: The Argument for ARCS
The Wright Way into the Cloud:  The Argument for ARCSThe Wright Way into the Cloud:  The Argument for ARCS
The Wright Way into the Cloud: The Argument for ARCS
 
The Art of Planning and Writing Specifications and Requirements
The Art of Planning and Writing Specifications and Requirements The Art of Planning and Writing Specifications and Requirements
The Art of Planning and Writing Specifications and Requirements
 
Oracle apps r12 scm functional training
Oracle apps r12 scm functional trainingOracle apps r12 scm functional training
Oracle apps r12 scm functional training
 
Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...
Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...
Utilizing Point-in-Time Queries in Event-Based Systems, Bobby Calderwood | Cu...
 
Micro services
Micro servicesMicro services
Micro services
 
Micro services - Practicalities & things to watch out for
Micro services - Practicalities & things to watch out forMicro services - Practicalities & things to watch out for
Micro services - Practicalities & things to watch out for
 
Migration to Flows – Getting it Right!
Migration to Flows – Getting it Right!Migration to Flows – Getting it Right!
Migration to Flows – Getting it Right!
 

More from VisibleThread

VisibleThread - 3 GovCon Tech Trends 2021
VisibleThread - 3 GovCon Tech Trends 2021VisibleThread - 3 GovCon Tech Trends 2021
VisibleThread - 3 GovCon Tech Trends 2021
VisibleThread
 
VT Virtual Panel - Remote is Here to Stay
VT Virtual Panel - Remote is Here to StayVT Virtual Panel - Remote is Here to Stay
VT Virtual Panel - Remote is Here to Stay
VisibleThread
 
VT Virtual Session - What's the Role of Language in CX?
VT Virtual Session - What's the Role of Language in CX?VT Virtual Session - What's the Role of Language in CX?
VT Virtual Session - What's the Role of Language in CX?
VisibleThread
 
Modern Wordplace Woes
Modern Wordplace Woes Modern Wordplace Woes
Modern Wordplace Woes
VisibleThread
 
VT Virtual Session - The Business Impact of VT Docs
VT Virtual Session - The Business Impact of VT Docs VT Virtual Session - The Business Impact of VT Docs
VT Virtual Session - The Business Impact of VT Docs
VisibleThread
 
VT University Live Session - Express Scripts
VT University Live Session - Express ScriptsVT University Live Session - Express Scripts
VT University Live Session - Express Scripts
VisibleThread
 
VT University Live Session 4
VT University Live Session 4 VT University Live Session 4
VT University Live Session 4
VisibleThread
 
VT University Live Session 3
VT University Live Session 3VT University Live Session 3
VT University Live Session 3
VisibleThread
 
VT University Live Session - What's New in VT
VT University Live Session - What's New in VTVT University Live Session - What's New in VT
VT University Live Session - What's New in VT
VisibleThread
 
Webinar- How to get the most value out of your SMEs - Mark Amtower
Webinar- How to get the most value out of your SMEs - Mark AmtowerWebinar- How to get the most value out of your SMEs - Mark Amtower
Webinar- How to get the most value out of your SMEs - Mark Amtower
VisibleThread
 
Healthcare webinar presentation slides
Healthcare webinar presentation slidesHealthcare webinar presentation slides
Healthcare webinar presentation slides
VisibleThread
 
Plain Language Matters
Plain Language Matters  Plain Language Matters
Plain Language Matters
VisibleThread
 
Siegelvision & VisibleThread: Go Forth and Simplify, but How?
Siegelvision & VisibleThread: Go Forth and Simplify, but How? Siegelvision & VisibleThread: Go Forth and Simplify, but How?
Siegelvision & VisibleThread: Go Forth and Simplify, but How?
VisibleThread
 
How Boeing improves proposal quality through automation and metrics
How Boeing improves proposal quality through automation and metrics How Boeing improves proposal quality through automation and metrics
How Boeing improves proposal quality through automation and metrics
VisibleThread
 
Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?
Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?
Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?
VisibleThread
 
Session 5: Shipley Associates - 7 Pillars of Effective Proposals
Session 5: Shipley Associates - 7 Pillars of Effective ProposalsSession 5: Shipley Associates - 7 Pillars of Effective Proposals
Session 5: Shipley Associates - 7 Pillars of Effective Proposals
VisibleThread
 
Session 7 - VT Insights Platform
Session 7 - VT Insights PlatformSession 7 - VT Insights Platform
Session 7 - VT Insights Platform
VisibleThread
 
Session 4 - What's New in VT Docs 3.1
Session 4 - What's New in VT Docs 3.1Session 4 - What's New in VT Docs 3.1
Session 4 - What's New in VT Docs 3.1
VisibleThread
 
Session 3: Enspyire Consulting: Proposal Management and Compliance
Session 3: Enspyire Consulting: Proposal Management and ComplianceSession 3: Enspyire Consulting: Proposal Management and Compliance
Session 3: Enspyire Consulting: Proposal Management and Compliance
VisibleThread
 
Session 2: How Collins Aerospace Uses VisibleThread
Session 2: How Collins Aerospace Uses VisibleThreadSession 2: How Collins Aerospace Uses VisibleThread
Session 2: How Collins Aerospace Uses VisibleThread
VisibleThread
 

More from VisibleThread (20)

VisibleThread - 3 GovCon Tech Trends 2021
VisibleThread - 3 GovCon Tech Trends 2021VisibleThread - 3 GovCon Tech Trends 2021
VisibleThread - 3 GovCon Tech Trends 2021
 
VT Virtual Panel - Remote is Here to Stay
VT Virtual Panel - Remote is Here to StayVT Virtual Panel - Remote is Here to Stay
VT Virtual Panel - Remote is Here to Stay
 
VT Virtual Session - What's the Role of Language in CX?
VT Virtual Session - What's the Role of Language in CX?VT Virtual Session - What's the Role of Language in CX?
VT Virtual Session - What's the Role of Language in CX?
 
Modern Wordplace Woes
Modern Wordplace Woes Modern Wordplace Woes
Modern Wordplace Woes
 
VT Virtual Session - The Business Impact of VT Docs
VT Virtual Session - The Business Impact of VT Docs VT Virtual Session - The Business Impact of VT Docs
VT Virtual Session - The Business Impact of VT Docs
 
VT University Live Session - Express Scripts
VT University Live Session - Express ScriptsVT University Live Session - Express Scripts
VT University Live Session - Express Scripts
 
VT University Live Session 4
VT University Live Session 4 VT University Live Session 4
VT University Live Session 4
 
VT University Live Session 3
VT University Live Session 3VT University Live Session 3
VT University Live Session 3
 
VT University Live Session - What's New in VT
VT University Live Session - What's New in VTVT University Live Session - What's New in VT
VT University Live Session - What's New in VT
 
Webinar- How to get the most value out of your SMEs - Mark Amtower
Webinar- How to get the most value out of your SMEs - Mark AmtowerWebinar- How to get the most value out of your SMEs - Mark Amtower
Webinar- How to get the most value out of your SMEs - Mark Amtower
 
Healthcare webinar presentation slides
Healthcare webinar presentation slidesHealthcare webinar presentation slides
Healthcare webinar presentation slides
 
Plain Language Matters
Plain Language Matters  Plain Language Matters
Plain Language Matters
 
Siegelvision & VisibleThread: Go Forth and Simplify, but How?
Siegelvision & VisibleThread: Go Forth and Simplify, but How? Siegelvision & VisibleThread: Go Forth and Simplify, but How?
Siegelvision & VisibleThread: Go Forth and Simplify, but How?
 
How Boeing improves proposal quality through automation and metrics
How Boeing improves proposal quality through automation and metrics How Boeing improves proposal quality through automation and metrics
How Boeing improves proposal quality through automation and metrics
 
Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?
Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?
Session 6: ProposalHelper - Compliance Matrix: Boon or Curse?
 
Session 5: Shipley Associates - 7 Pillars of Effective Proposals
Session 5: Shipley Associates - 7 Pillars of Effective ProposalsSession 5: Shipley Associates - 7 Pillars of Effective Proposals
Session 5: Shipley Associates - 7 Pillars of Effective Proposals
 
Session 7 - VT Insights Platform
Session 7 - VT Insights PlatformSession 7 - VT Insights Platform
Session 7 - VT Insights Platform
 
Session 4 - What's New in VT Docs 3.1
Session 4 - What's New in VT Docs 3.1Session 4 - What's New in VT Docs 3.1
Session 4 - What's New in VT Docs 3.1
 
Session 3: Enspyire Consulting: Proposal Management and Compliance
Session 3: Enspyire Consulting: Proposal Management and ComplianceSession 3: Enspyire Consulting: Proposal Management and Compliance
Session 3: Enspyire Consulting: Proposal Management and Compliance
 
Session 2: How Collins Aerospace Uses VisibleThread
Session 2: How Collins Aerospace Uses VisibleThreadSession 2: How Collins Aerospace Uses VisibleThread
Session 2: How Collins Aerospace Uses VisibleThread
 

Recently uploaded

Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...
Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...
Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...
Ortus Solutions, Corp
 
Operational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptx
Operational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptxOperational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptx
Operational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptx
sandeepmenon62
 
Ensuring Efficiency and Speed with Practical Solutions for Clinical Operations
Ensuring Efficiency and Speed with Practical Solutions for Clinical OperationsEnsuring Efficiency and Speed with Practical Solutions for Clinical Operations
Ensuring Efficiency and Speed with Practical Solutions for Clinical Operations
OnePlan Solutions
 
Building API data products on top of your real-time data infrastructure
Building API data products on top of your real-time data infrastructureBuilding API data products on top of your real-time data infrastructure
Building API data products on top of your real-time data infrastructure
confluent
 
Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...
Paul Brebner
 
How GenAI Can Improve Supplier Performance Management.pdf
How GenAI Can Improve Supplier Performance Management.pdfHow GenAI Can Improve Supplier Performance Management.pdf
How GenAI Can Improve Supplier Performance Management.pdf
Zycus
 
Devops Tools Pratical Preparatório LPI
Devops Tools Pratical   Preparatório LPIDevops Tools Pratical   Preparatório LPI
Devops Tools Pratical Preparatório LPI
DborahDmaris
 
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdfThe Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
kalichargn70th171
 
Software Test Automation - A Comprehensive Guide on Automated Testing.pdf
Software Test Automation - A Comprehensive Guide on Automated Testing.pdfSoftware Test Automation - A Comprehensive Guide on Automated Testing.pdf
Software Test Automation - A Comprehensive Guide on Automated Testing.pdf
kalichargn70th171
 
Orca: Nocode Graphical Editor for Container Orchestration
Orca: Nocode Graphical Editor for Container OrchestrationOrca: Nocode Graphical Editor for Container Orchestration
Orca: Nocode Graphical Editor for Container Orchestration
Pedro J. Molina
 
Boost Your Savings with These Money Management Apps
Boost Your Savings with These Money Management AppsBoost Your Savings with These Money Management Apps
Boost Your Savings with These Money Management Apps
Jhone kinadey
 
Alluxio Webinar | 10x Faster Trino Queries on Your Data Platform
Alluxio Webinar | 10x Faster Trino Queries on Your Data PlatformAlluxio Webinar | 10x Faster Trino Queries on Your Data Platform
Alluxio Webinar | 10x Faster Trino Queries on Your Data Platform
Alluxio, Inc.
 
42 Ways to Generate Real Estate Leads - Sellxpert
42 Ways to Generate Real Estate Leads - Sellxpert42 Ways to Generate Real Estate Leads - Sellxpert
42 Ways to Generate Real Estate Leads - Sellxpert
vaishalijagtap12
 
The Role of DevOps in Digital Transformation.pdf
The Role of DevOps in Digital Transformation.pdfThe Role of DevOps in Digital Transformation.pdf
The Role of DevOps in Digital Transformation.pdf
mohitd6
 
Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...
Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...
Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...
Chad Crowell
 
DECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSIS
DECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSISDECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSIS
DECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSIS
Tier1 app
 
Folding Cheat Sheet #5 - fifth in a series
Folding Cheat Sheet #5 - fifth in a seriesFolding Cheat Sheet #5 - fifth in a series
Folding Cheat Sheet #5 - fifth in a series
Philip Schwarz
 
Secure-by-Design Using Hardware and Software Protection for FDA Compliance
Secure-by-Design Using Hardware and Software Protection for FDA ComplianceSecure-by-Design Using Hardware and Software Protection for FDA Compliance
Secure-by-Design Using Hardware and Software Protection for FDA Compliance
ICS
 
Beginner's Guide to Observability@Devoxx PL 2024
Beginner's  Guide to Observability@Devoxx PL 2024Beginner's  Guide to Observability@Devoxx PL 2024
Beginner's Guide to Observability@Devoxx PL 2024
michniczscribd
 
Hands-on with Apache Druid: Installation & Data Ingestion Steps
Hands-on with Apache Druid: Installation & Data Ingestion StepsHands-on with Apache Druid: Installation & Data Ingestion Steps
Hands-on with Apache Druid: Installation & Data Ingestion Steps
servicesNitor
 

Recently uploaded (20)

Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...
Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...
Strengthening Web Development with CommandBox 6: Seamless Transition and Scal...
 
Operational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptx
Operational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptxOperational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptx
Operational ease MuleSoft and Salesforce Service Cloud Solution v1.0.pptx
 
Ensuring Efficiency and Speed with Practical Solutions for Clinical Operations
Ensuring Efficiency and Speed with Practical Solutions for Clinical OperationsEnsuring Efficiency and Speed with Practical Solutions for Clinical Operations
Ensuring Efficiency and Speed with Practical Solutions for Clinical Operations
 
Building API data products on top of your real-time data infrastructure
Building API data products on top of your real-time data infrastructureBuilding API data products on top of your real-time data infrastructure
Building API data products on top of your real-time data infrastructure
 
Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...Superpower Your Apache Kafka Applications Development with Complementary Open...
Superpower Your Apache Kafka Applications Development with Complementary Open...
 
How GenAI Can Improve Supplier Performance Management.pdf
How GenAI Can Improve Supplier Performance Management.pdfHow GenAI Can Improve Supplier Performance Management.pdf
How GenAI Can Improve Supplier Performance Management.pdf
 
Devops Tools Pratical Preparatório LPI
Devops Tools Pratical   Preparatório LPIDevops Tools Pratical   Preparatório LPI
Devops Tools Pratical Preparatório LPI
 
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdfThe Comprehensive Guide to Validating Audio-Visual Performances.pdf
The Comprehensive Guide to Validating Audio-Visual Performances.pdf
 
Software Test Automation - A Comprehensive Guide on Automated Testing.pdf
Software Test Automation - A Comprehensive Guide on Automated Testing.pdfSoftware Test Automation - A Comprehensive Guide on Automated Testing.pdf
Software Test Automation - A Comprehensive Guide on Automated Testing.pdf
 
Orca: Nocode Graphical Editor for Container Orchestration
Orca: Nocode Graphical Editor for Container OrchestrationOrca: Nocode Graphical Editor for Container Orchestration
Orca: Nocode Graphical Editor for Container Orchestration
 
Boost Your Savings with These Money Management Apps
Boost Your Savings with These Money Management AppsBoost Your Savings with These Money Management Apps
Boost Your Savings with These Money Management Apps
 
Alluxio Webinar | 10x Faster Trino Queries on Your Data Platform
Alluxio Webinar | 10x Faster Trino Queries on Your Data PlatformAlluxio Webinar | 10x Faster Trino Queries on Your Data Platform
Alluxio Webinar | 10x Faster Trino Queries on Your Data Platform
 
42 Ways to Generate Real Estate Leads - Sellxpert
42 Ways to Generate Real Estate Leads - Sellxpert42 Ways to Generate Real Estate Leads - Sellxpert
42 Ways to Generate Real Estate Leads - Sellxpert
 
The Role of DevOps in Digital Transformation.pdf
The Role of DevOps in Digital Transformation.pdfThe Role of DevOps in Digital Transformation.pdf
The Role of DevOps in Digital Transformation.pdf
 
Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...
Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...
Happy Birthday Kubernetes, 10th Birthday edition of Kubernetes Birthday in Au...
 
DECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSIS
DECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSISDECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSIS
DECODING JAVA THREAD DUMPS: MASTER THE ART OF ANALYSIS
 
Folding Cheat Sheet #5 - fifth in a series
Folding Cheat Sheet #5 - fifth in a seriesFolding Cheat Sheet #5 - fifth in a series
Folding Cheat Sheet #5 - fifth in a series
 
Secure-by-Design Using Hardware and Software Protection for FDA Compliance
Secure-by-Design Using Hardware and Software Protection for FDA ComplianceSecure-by-Design Using Hardware and Software Protection for FDA Compliance
Secure-by-Design Using Hardware and Software Protection for FDA Compliance
 
Beginner's Guide to Observability@Devoxx PL 2024
Beginner's  Guide to Observability@Devoxx PL 2024Beginner's  Guide to Observability@Devoxx PL 2024
Beginner's Guide to Observability@Devoxx PL 2024
 
Hands-on with Apache Druid: Installation & Data Ingestion Steps
Hands-on with Apache Druid: Installation & Data Ingestion StepsHands-on with Apache Druid: Installation & Data Ingestion Steps
Hands-on with Apache Druid: Installation & Data Ingestion Steps
 

Contract Review Challenges Before & After VisibleThread Docs | Cobham

  • 1. Contract Review Challenges Before & After VT Docs Kyle Peterson - Contracts Administrator
  • 4. COBHAM PRIVATE Background Cobham Mission Systems - Orchard Park, NY Capabilities: • Oxygen Systems • Space Life Support • Space Propulsion • Tactical Control Systems Contracts Team: • “Lean and Mean” • Internal customer service • Prioritizing resources and tasks is vital
  • 5. COBHAM PRIVATE Desired FAR-DFARS Analysis Output • Ensure site compliance with flowdowns • Confirm site subcontract flowdowns reflect the contract/PO in question • The discovery and review of new FAR-DFARS for site compliance and flowdown if required
  • 6. COBHAM PRIVATE Before VT Incumbent Process Combing for clauses incorporated into text and/or by reference.
  • 7. COBHAM PRIVATE • Run all FAR-DFARS against site compliance matrix to ensure compliance and to determine if functional guidance is required.
  • 8. COBHAM PRIVATE • Copy paste clauses into excel to compare against Cobham Standard Flow downs to ensure all required clauses are flowed to supply chain.
  • 9. COBHAM PRIVATE Before VT: Bottom Line • Time intensive • Turnaround time is essential when RFPs are due and large purchase orders need to be processed • Juggling multiple spreadsheets • Not enough time spent on value added activities
  • 10. COBHAM PRIVATE Goals for New VT Process • Analysis Outcomes Remain the same: • Site compliance • synchronized flow between prime contract and subs • New FAR-DFARS • Reduce manual document review • Clear, actionable breakdown
  • 11. COBHAM PRIVATE With VT • Customizable dictionaries are a game changer • No more copy/paste and vlookups
  • 12. COBHAM PRIVATE Using VT • Clear deliverable • Targets exactly what needs to be highlighted to the sales/supply chain team
  • 13. COBHAM PRIVATE Multifaceted Benefits • Ability to search for “blank” clauses which aren’t included in Cobham standard flow downs (dictionaries) • Highlight to supply chain • New clauses can be analysed and than added to the dictionary to ensure they are flown down in the future • Shredding multiple flowdown documents  one output
  • 14. COBHAM PRIVATE After VT: Bottom Line • Same day turnaround • Reduces “manual” contract review by 1 hour/contract • Doubled output from February to March • Audit deliverable • More time available for value add activities • Legal/regulatory analysis • Contract terms negotiation
  • 15. COBHAM PRIVATE Future State • Move beyond the regulatory/flow down sphere • SOW Analysis • “shall,” “must,” etc. • VT “Compliance Matrix Scan” dictionary • Quality Function • Breakdown specifications, quality clauses, SDRLs