The Procurement Framework blog at LHTS

Category: Procurement management

In our blog posts about procurement management, you’ll find valuable insights that complement the online courses on our learning platform. These articles provide practical knowledge and real-world examples to enhance your understanding and support your professional development in procurement. Explore our blog to gain deeper insights and strengthen your skills alongside our online courses.

Social Sustainability in Procurement: How Buyers Can Move Beyond Audits and Create Real Change

Learn how procurement can support social sustainability by moving beyond audits, managing supplier risks, creating manoeuvring space, and embedding social criteria into the procurement process.

Make or Buy Decision in Procurement: How Buyers Support Strategic Business Choices

Learn how procurement supports make or buy decisions through strategy, risk assessment, supplier market analysis, TCO, and senior buyer judgment.

Spend Under Management vs Addressable Spend: What Procurement Must Understand Before Reporting Savings

Understand the difference between spend, addressable spend, spend under management and spend under contract. Learn why procurement must define these terms before reporting savings, category opportunities or procurement influence.

Business Contingency Planning in Procurement: How Buyers Reduce Supplier Disruption Risk

Business Contingency Planning in procurement helps buyers reduce supplier disruption risk. Learn how BCP connects to RFQ, supplier qualification, contracts, supplier management and procurement policy.

Procurement Operating model illustration

Procurement Operating Model: The Missing Link Between Procurement Strategy, Policy and Daily Buying Work

A procurement operating model explains how procurement works in practice. Learn how it connects strategy, policy, roles, processes, governance, systems and supplier management — and why it should come before changing the...

Procurement Processes, Methods and Tools: How PMT Supports Procurement Strategy

In procurement, many problems are not caused by lack of effort. They are caused by missing, unclear, outdated, or poorly connected Processes, Methods and Tools. A buyer may know what needs to be...

Procurement Transformation: Moving Up the Procurement Maturity Ladder

This article explains procurement transformation from an advanced procurement-management perspective. It connects Stéphane Morel’s practical transformation insights with procurement maturity thinking, including the maturity ladder often associated with Van Weele’s development of...