The Manufacturers in India finds it difficult to maintain a continuous operation in the production line, which is a result of poor management of resources and utilities. Let us consider the Petrochemical Industry. Without the input of crude oil, the initial raw material the entire unit will shut down leading to heavy losses. In such cases, it is important to have a thorough planning of storing the raw material with continuous availability, easy resource access, and also ensuring that all the utilities are running smooth. The process of procurement can be called as a complex management service, intended to support the strategic aims of the organization.

The main objective behind any type of procurement is getting the right product or service, at the right price and quality at the right time. But there are instances when risks arise pertaining to complications in negotiations and delays which ultimately affect a company’s operations. There are cases where the suppliers take manufacturers for granted and delay the supply of product, which creates ruckus and the supplier stops the supply resulting in major loss for the manufacturer. The onus falls on consultants who can help companies develop the methods and means to gain sustainable, continually improving results, in collaboration with suppliers and internal stakeholders.

The current edition of Consultants Review has therefore come up with the list of ‘25 Most Promising Procurement Consultants’ to address the complexities related to this space. The list consists of some exceptional consultants who can provide support to an organization at any or all stages of its sourcing lifecycle. Focused exclusively on procurement and supply chain management, the listed consultants can develop and implement solutions that tightly fit an organization’s needs.