What AI Means for Contract Writing & Legal Support in Procurement

AI has crossed the experimental phase in contract lifecycle management (CLM). Gartner projects that 50 % of all procurement contract writing tasks will be AI‑enabled by 2027 , while World Commerce & Contracting sees AI adoption as...

Productivity improvements in procurement

Understanding Productivity in Procurement: A Guide for Professional Buyers

As a professional buyer, you’ve likely encountered the term in various contexts. But what does it truly mean, especially in the realm of procurement? How can you gauge and enhance your suppliers’...

Choice of law in purchasing contract

When buyers are creating contracts, one of the most important aspects to consider is the choice of law. The Choice of law in purchasing contract clause determines which jurisdiction’s laws will govern...

Purchase Orders and the Battle of Forms

Purchase orders (POs) are a crucial part of managing supply chain transactions. However, the process can become complex and challenging for buyers, especially when dealing with the “battle of forms.” In this...

Understanding Non-Conformity Reports (NCR) in Procurement

A Non-Conformity Report, often abbreviated as NCR, is a document used in procurement and quality management to report any deviation from the agreed specifications, standards, or requirements in the products or services...

Understanding the “Entire Agreement” Clause in Procurement Contracts

The “Entire Agreement” clause, also known as a “merger” or “integration” clause, is a standard provision found in most contracts, including procurement contracts. Its primary purpose is to ensure that the written...

a buyer handing over a supplier contract termination

Supplier contract termination – key learnings

Supplier contract termination is a critical process that requires a structured approach to mitigate legal risks and uphold professional relationships. A supplier contract might be terminated for various reasons, including but not...

buyer in training learning about Orgalim general terms in a professional office setting

Orgalim General Terms – introduction for buyers

Alright, everyone, let’s dive into Orgalim and the general terms they offer! Introduction to Orgalim What is Orgalim? Orgalim is a major European association representing the technology industries. It covers sectors like...

a business setting where professionals are discussing the NL17 terms

NL17: The Nordic General Conditions for the Supply of Goods

Background and Purpose NL17 NL17 (Nordiska Leveransvillkor 2017) is owned and published by the key industry associations in the Nordic countries. These associations represent the interests of their respective national industries and collaborate...

Force majeure clause in procurement contracts

A well know part is force majeure clause in procurement contracts, especially in light of the global pandemic and other unforeseen events that can disrupt supply chains. These clauses are designed to provide...

Procurement blog - LHTS

Tag: contract clause