Def. : Procurement is the acquisition of goods and/or services at the best possible total cost of ownership, in the right quantity and quality, at the right time, in the right place for the direct
benefit or use of governments, corporations, or individuals generally via, a contract. ---Wikipedia
At OSI, LLC we see procurement may involve nothing more than repeat purchasing. Complex procurement could involve finding long term partners – or even 'co-destiny' suppliers that might fundamentally commit one organization to another.
A key question in procurement is what to buy, given a limited budget. The key to managing this area is to immediately identify, structure and weigh a problem to arrive at a feasible solution. In times of crisis our battle-tested crisis management services provide the support needed to quickly make the right decisions. We have a proven track-record of helping companies successfully deal with financial problems.
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