Procurement Fraud Prevention: How Buyers Can Identify and Reduce Fraud Risk

Procurement fraud prevention is not only a compliance task. It is a practical buyer responsibility that protects company money, supplier competition and trust in the procurement process. Fraud risk can appear when...

Internal audit support a stronger and more compliant procurement process

Internal Audit in Procurement: How It Supports Compliance, Risk Control and Business Improvement

Internal audit in procurement is more than a control function. It helps procurement departments comply with policy and legal requirements while improving processes, risk management, accountability, and business performance.

Professional supplier relationships are built on trust, not gifts

No Gifts Allowed in Procurement: How Buyers Avoid Supplier Influence and Conflicts of Interest

In the 1990s, I was a procurement executive. Back then, it was common for suppliers to provide gifts. now we shift towards ethical standards. No gifts allowed!

Business ethics in any transaction in business event in Gothenburg

Business Ethics in Procurement: How Buyers Reduce Risk in Supplier Transactions

As a procurement director with years of experience in business all over the world, I have seen firsthand the importance of business ethics in any transaction.

a buyer in Stockholm being identified having conflict of interest and about to be collected by guards

Conflict of Interest in Procurement: How Buyers Protect Fair Decisions

Procurement decisions must be fair, objective, and based on business value. But what happens if a buyer has a personal relationship with a supplier? What if a procurement manager owns shares in...

The Procurement Framework blog at LHTS

Tag: ethics

Procurement Fraud Prevention: How Buyers Can Identify and Reduce Fraud Risk

Internal Audit in Procurement: How It Supports Compliance, Risk Control and Business Improvement

No Gifts Allowed in Procurement: How Buyers Avoid Supplier Influence and Conflicts of Interest

Business Ethics in Procurement: How Buyers Reduce Risk in Supplier Transactions

Conflict of Interest in Procurement: How Buyers Protect Fair Decisions