Why is Procurement Important?

When we look at a business or service it is critical to understand the importance of purchasing.  Understanding the position of the seller will give you an advantage:


Effective procurement is essential in supporting any organisations processes. It must be efficient and professional  in its working practices to achieve its goal. This is to identify cost reductions that offset normal market cost up pressures and support its negotiation activity. This will help to control a companies/organisations fixed and variable cost and therefore maintain its competitiveness in its chosen field of work.



 Effective Procurement should:
  • Professionally source.
  • Strategically negotiate.
  • Appraise supplier performance.
  • Support and co-ordinate  cost down activity with other stakeholders.
  • Understand the suppliers quotation (and how it is put together) of a product or service sourced.
  • Identify opportunities for cost down and   understand its effect on the suppliers quotation.
  • Identify wasteful activity in a suppliers manufacturing or transactional processes
How can we help you reduce cost?
  • By Diagnosing your current procurement function.
  • Identifying the gaps in your process.
  • Formulating an improvement plan.
  • Executing that plan with your team to meet the objectives of your organisation.