Procurement Process and Strategies

Based on the example of a company based in Kaduna or wherever you live, discuss procurement strategies they are adopting to reduce the effect of high prices to remain competitive.

Choose a company or organization in Kaduna or wherever you live (it can be a one-man business). Discuss their procurement process. What procurement strategies are they adopting to reduce the effect of high prices of their main input (goods/services) so that they can remain competitive and profitable?