Purchasing & Procurement

Are you paying more for your materials or services than you think you should or thought you would? Do you know what it is you need to buy from month to month? Are you having a hard time managing your cash flow or paying your vendors? Do you have too many or too few vendors? Are your current vendors meeting your needs?

Purchasing and procurement are often one of the most overlooked and undervalued processes within any organization. This is especially true for the small business and entrepreneur. Depending on the profit margins of your product or service approximately 2-5% of every dollar in sales filters through all of your overhead and lands on the bottom line in pre-tax profit. That’s two to five cents for every dollar. Conversely, 100% of every dollar saved in the concentrated efforts of your purchasing staff goes straight to the bottom line. As Ben Franklin said, “A penny saved is a penny earned.”  

One of P3 Solutions greatest areas of expertise is in purchasing and procurement. We can help you secure products and services at more favorable terms and/or prices. We will help you improve service rates with your suppliers and find the right suppliers to fit your needs. Your supply chain is your life line in the murky waters of business. P3 Solutions can show you how to manage it best.  

We’ll help you analyze your annual spend and show you where you’re hemorrhaging money. We’ll show you how to find the best source for products. We’ll help you negotiate with suppliers. We can help you forecast your product or service needs helping you gain control of your cash flow. P3 Solutions has an extensive list of contacts in a multitude of industries. When you hire us our reach becomes your reach. 

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