The Procurement Framework blog at LHTS

Procurement policy a part of buyer training

How the Procurement Policy Helps the CPO — and What New Buyers Should Learn From It

A procurement policy often fails for one simple reason: management writes it, but buyers and stakeholders do not use it. For a Chief Procurement Officer, the procurement policy is a steering document....

Procurement Policy: How to Create Clear Buying Rules That Reduce Risk

Without a clear procurement policy, employees may buy in different ways, use different suppliers, skip competition, accept poor contract terms, or create supplier commitments without the right approval. The result can be...

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.