Traditionally, procurement was seen as a transactional task—focused only on purchasing goods and services at the lowest cost. Today, however, it has become a strategic enabler. Businesses now rely on procurement teams to:

• Reduce costs while maintaining quality.
• Build strong, reliable supplier relationships.
• Ensure compliance with regulations and policies.
• Drive sustainability and ethical sourcing.
• Leverage technology for efficiency and transparency.

This shift has made procurement a core business function that directly impacts competitiveness and profitability.