The Procurement Framework blog at LHTS

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.

Require Suppliers to Be ISO 9001 Certified? A Procurement Guide

A tactical buyer may need to select a supplier for a component, product, service, or production process where poor quality can create delivery problems, customer complaints, rework, warranty cost, safety issues, or...

AR during a remote Factory Acceptance Test

Augmented Reality in Procurement: Practical AR Use Cases for Buyers

Collaborative contract review in business setting

Supplier Insurance in Contracts: How Buyers Reduce Commercial Risk Before Something Goes Wrong

A supplier can have a good price, a strong technical offer, and a signed contract. But what happens if the supplier causes property damage, delivers a defective product, makes a professional error,...

Counterfeit Components in Procurement: How Buyers Protect the Supply Chain

Counterfeit components are a growing concern. It's essential for companies to have a counterfeit components clause in a procurement contract.