A procurement strategy is a comprehensive plan that defines how an organization acquires goods and services to achieve its business objectives. It involves identifying the most cost-effective sourcing methods, developing strong supplier relationships and implementing processes to ensure quality and efficiency.
What is a procurement strategy?
How can RSM help transform your procurement strategy?
At RSM, we believe procurement should be more than just transactional—it should drive value and business success. Our procurement transformation services are designed to help you optimize costs, strengthen supplier relationships and enhance operational efficiency. Elevate your procurement strategy with data-driven insights, optimized processes and a resilient supply chain.
Our supply chain procurement services include:
- Spend analytics: Performing a rapid, low-cost analysis of an organization’s spend to estimate the savings that should be targeted through strategic sourcing
- Strategic sourcing and category management: Deploying sourcing strategies for specific spend categories to optimize costs and strengthen supplier relationships
- Supplier risk management: Utilizing artificial intelligence and other proprietary methods to assess supplier risks and implement mitigation strategies to enhance supply chain resilience and provide an early warning system to minimize business disruptions
- Procurement operating models: Streamlining workflows, structuring procurement organizations and implementing leading technologies and best practices to enhance procurement operations
- Digital procurement enablement: Implementing procurement technologies, including e-sourcing, e-procurement and contract management systems, to improve process automation
- Sustainable procurement: Integrating procurement strategies to comply with environmental, social and governance standards and drive long-term value
Meet our supply chain procurement leader
-
Casey ChapmanPrincipal
Contact our supply chain team
