Procurement Strategy - field note 030

For the 3‑storey residential block in Nagpur, we consolidated suppliers to reduce lead time.

By negotiating bulk pricing with Vendor Z, we cut material costs by 8%.

• Create a master supplier list.
• Set up just‑in‑time inventory.
• Track delivery performance.
• Re‑evaluate contracts quarterly.

Result: 8% cost saving translated to a 5% profit margin increase.