At Auctus Procurement Advisory Inc., we help businesses transform how they buy — turning procurement from a back-office function into a strategic advantage. With over 18 years of executive-level procurement experience across industries such as engineering, construction, pharmaceuticals, biotechnology, life sciences, automotive, and franchising, we bring both proven frameworks and AI-enabled tools to every engagement.

Our approach follows a structured 5-Step Procurement Optimization Process, designed to unlock working capital, reduce risk, and enable scalable growth.

Step 1: Diagnostic & Opportunity Assessment

We start by performing a comprehensive diagnostic of your current procurement and sourcing activities. This includes spend analysis, supplier mapping, contract reviews, and process evaluation.

  • Identify cost-saving and working-capital opportunities

  • Pinpoint inefficiencies, duplication, and unmanaged spend

  • Benchmark performance against industry best practices

The goal is to build a clear picture of your current state and prioritize the biggest impact areas for transformation.

Step 2: Strategy Development & Category Planning

Based on the diagnostic, we develop tailored category strategies and procurement roadmaps aligned with your business objectives.

  • Define category strategies (e.g., electrical, construction materials, IT services, etc.)

  • Establish governance, approval workflows, and sourcing calendars

  • Incorporate risk mitigation, ESG considerations, and scalability plans

This step ensures procurement is not ad-hoc but deliberate, structured, and strategically aligned.

Step 3: AI-Enabled Sourcing Event Management

We leverage our in-house AI-enabled sourcing technology to simplify and accelerate sourcing events — from RFx creation to supplier evaluation.

  • Automate RFx drafting and follow-ups

  • Reduce cycle time while improving bid quality

  • Apply data-driven scoring and evaluation to make faster, smarter award decisions

Whether you’re sourcing commodities, specialized services, or multi-category events, our tools and expertise ensure maximum value from every supplier interaction.

Step 4: Contract Review & Negotiation

Contracts are where value is either secured or lost. We combine AI-assisted contract analysis with hands-on negotiation experience to secure the best possible outcomes.

  • Rapidly identify key commercial and legal risks

  • Highlight clauses that affect pricing, liability, or flexibility

  • Support negotiations to improve payment terms, pricing models, and service levels

This is where we help clients unlock hidden value, avoid costly pitfalls, and set the foundation for sustainable supplier relationships.

Step 5: Implementation, Partner Integration & Continuous Improvement

Procurement transformation doesn’t end with a signed contract. We work with your teams to implement changes, integrate value-add partner solutions, and set up continuous improvement loops.

  • Embed category strategies and sourcing processes

  • Connect you with vetted financing, insurance, group benefits, IT/cloud partners through BizComplements

  • Track performance and savings through structured reporting and KPIs

This ensures your procurement function continues to evolve and deliver measurable business impact over time.