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Procurement risk management

All organisations need to buy ‘stuff’. Office supplies, raw materials, key IT infrastructure, business consultancy services, external legal support—the list is endless.

Your role as in-house lawyer is to:

1. •

   ensure the procurement process is fair, transparent and legally compliant

2. •

   test the procurement documentation before it is issued to ensure that it has the mechanics to ask the right questions to secure the right product/service, for the right price, at the right time, to the right standards and with the right supplier

3. •

   ensure the process teases out the risks, bespoke clauses and