Leading law firm Ward Hadaway is supporting local businesses as part of the Scaleup North East Accelerator initiative.
Getting your procurement strategy right can make the difference between a successful enterprise and one that struggles to reach its optimum profitability and efficiency.
Buying in goods and services which deliver what your company is looking for on time, of the right quality and at the right price is vital, whether it is for small scale commercial supplies or a large-scale IT project.
It is imperative in order to secure what you need for your business that you get the right support when undertaking major purchases, putting in place frameworks for general supplies, selecting the right suppliers, using the right type of contract and using a suitable process.
Getting it wrong can prove to be a costly and time-consuming process with a need to re-procure or to put right which can really set your business back or even in the case of business-critical supplies, be fatal.
Our commercial team has advised on a wide range of procurements for clients varying from SMEs to large national and international corporations, covering a wide range of goods and services acquired by both one off purchases and longer term frameworks, call off arrangements, toll agreements and take or pay arrangements.
We know how the process works, what things to watch out for before committing precious resources and, importantly, how to provide for what you can do if things go wrong or don’t match up to your expectations. We have experience in a wide range of sectors and can bring that experience to bear in other sectors introducing new concepts and approaches to assist you.
Our thorough and commercially-focused approach means that we can handle everything from buying in ad hoc goods and services to large-scale multi-million pound procurements with confidence, leaving you to work on the financial, commercial and technical aspects of these procurements.
Whilst we always seek pragmatic solutions to any issues which arise, thanks to our top-rated commercial litigation team, you will have some serious firepower on your side should things go wrong and you want to seek redress against your supplier.
For more details on how we can help your business with its procurement needs, please get in touch.