The Procurement Framework blog at LHTS

Google Alerts for Procurement: Know Your Suppliers and Stay Informed About Your Market

Learn how Tactical buyers and Category Managers can use Google Alerts to monitor suppliers, markets, risks, and sourcing opportunities in procurement.

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.

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...

Building a Procurement Innovation Pipeline: From Ideas to Competitive Advantage

A procurement innovation pipeline helps procurement departments capture ideas, develop business cases, prioritize initiatives, and turn learning into measurable business value and competitive advantage.

Supplier versus customer view on relationship

Supplier Preferencing: How Suppliers Segment You as a Customer

Maybe you are well-versed in Kraljic's matrix for Supplier Segmentation, but on the other site of the table it is about understanding Customer Segmentation.

Chief Procurement Officer Agenda: What a CPO Should Prioritize

In procurement, the Chief Procurement Officer is not only responsible for purchasing performance. The CPO is responsible for making sure procurement helps the business solve important problems: controlling cost, securing supply, managing...

Sourcing Case: 2,000 Laptops in One RFQ

Sourcing case: You're tasked with executing a strategic initiative to source 2,000 laptops in a single procurement effort for the company.

How Procurement Supports Company Strategy Through the Supplier Base

Leadership within the Procurement Function: Building Capability focusing on Category Management, PMT, and Organization & Roles

Procurement Analyst Role: Turning Procurement Data into Better Decisions

A Procurement analyst role explained. Support the operative, tactical and manager roles with price-, demand-, cost- and market data.

Global vs. Local Sourcing: Which Strategy Powers Your Procurement Success? Both!

Procurement teams face a pivotal choice in their Category Strategies in terms of local sourcing: Both options have clear benefits and hidden pitfalls. To navigate this, Ahmed El‑Marashly’s recent LinkedIn break-down offers...