Wednesday May 08, 2024
Ep 164: Aligning Procurement and Legal Operations feat. Lisa Haitz
Procurement’s relationship with legal is one of the most important they have. Whether it is allowing procurement to meet (or exceed) their objectives or protecting the company from risk, they need to be “joined at the hip” as we learn from this week’s guest.
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Lisa Haitz. Lisa has over 20 years of experience in finance, legal, commercial operations, sourcing, and procurement. Today she applies that experience as a strategic sourcing and procurement advisor and fractional CPO, meeting procurement teams where they are and getting them on their way to where they want to be.
In this interview, Lisa talks about some of the ways procurement and legal can work together that benefit both groups - and the whole organization as well:
- When and how procurement should get legal involved in sourcing and contract management
- The impact of digital platforms on legal and procurement, whether that is CLM, Blockchain, or generative AI
- Different models that companies may use to access legal expertise and how procurement can ensure they get what they need in each case
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