Sourcing and procurement consultants support organizations in the development of appropriate strategies in supply chain and procurement. The professionals ide-ntify ways through which the best quality goods and services can be sourced at the most economically viable prices that will enable organizations to realize improved financial performance and operational efficiency. These consultants, through their respective industry knowledge, support businesses in negotiating better contracts, reducing costs, and mitigating risks. Perhaps one of the most valuable benefits of engaging sourcing and procurement consultants would be to understand and fur-ther enhance processes relating to procurements. They scrutinize existing procurement practices, bring to light inefficiencies inherent there in, and recommend changes that would improve supplier relationships and facilitate smoother purchasing procedures. This allows firms to attend to core business issues while the consultants take up the complexities of vendor management and procurement optimization.