Procurement consulting is a professional service provided by people who have extensive experience and expertise in the various aspects of procurement. Procurement, or purchasing, is the process of selecting suppliers and signing contracts for the purchase of goods and services by a business. The types of goods and the total dollar value of the contract vary widely, depending on the industry and business size.
In addition to traditional procurement, system implementation has greatly increased the demand for procurement consultants. These consultants must be subject matter experts, able to advise the company and the systems staff what best practice is and how to use the system for the greatest advantage. This aspect of procurement also includes the design and use of electronic procurement or procurement systems. These tools are increasingly popular as a way to increase efficiency and improve transparency within the business organization.