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10 hilariously insightful foreign words. The primary concept of strategic procurement is that through advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings.0 hilariously insightful foreign words. The primary concept of strategic procurement is that through advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings.
Building on the assessments of MODâs StrategicDefence Review, the Smart Procurement Initiative was launched in1997 and (accompanied by the Acquisition Organisation Review)has transformed the way in which defence equipment is procured.The watchwords are âfaster, cheaper, betterâ.heconsultants identified the barriers to change and McKinseyâsrecommendations on strategy, processes and organizationwere of enormous value.â¢ Two new organizations were created, the Defence ProcumentAgency (an MOD agency) and the tri-service DefenceLogistics Organisation.