The Fractional Procurement Firm
An effective Procurement strategy is critical to the success or failure of any sized company.
At the FP Firm, we understand the value Procurement brings to the executive table. Our innovative approach is entirely customizable to your needs and is applicable to all industries. We develop and execute strategies that not only reduce your risk but also accelerate your growth. All without the overhead of a full-time procurement team.
Let us earn your trust!
The Fractions
1. Strategic Sourcing
We identify and secure the best suppliers to meet your exact needs.
4. Logistics
Audit of all shipping and receiving functions to ensure compliance, reduce risk and reduce cost.
2. Cost Optimization
Audit and categorize all invoices to compare costs by vendor to ensure best value.
5. Systems
Tailor existing systems to your exact needs, or search and implement a new one.
3. Inventory Management
Advise on proper inventory controls to ensure accuracy. Including cycle counts and labeling.
6. Purchasing Process Improvement
Map your purchasing processes from PO creation to paying the invoice.
Getting Started
Step 1 – Initial Consultation
Contact us to schedule your Free 30-minute initial consultation to understand your business.
Step 3 – Choose the Fractions and Develop the Scope
Determine which Fractions will have the most impact on the business and outline a timeline for all deliverables.
Step 2 – FP Firm Recommendations
The FP Firm will provide a recommended strategy using one or more of the Fractions.
Step 4 – Sign Agreement
You will receive a customized agreement outline your businesses specific needs. We will earn your trust by using transparent deliverables and timelines.
Our Commitments
Bespoke Approach
We commit to understanding your needs and tailoring the right approach for your unique needs
Vendor Management
We commit to building relationships with your vendors to ensure best pricing and reliable deliveries for your business.
Reporting
We commit to enhancing your reporting capabilities by leveraging your current tools to produce actionable data.
Risk Mitigation
We commit to cultivating strategies to minimize supply chain disruptions and safeguard daily operations.