Rationalization and Optimization of Your Supply Base (ROYSB) refers to the process of managing the sourcing, procurement, and ongoing maintenance of products or services from external suppliers. ROYSB is focused on reducing costs, optimizing product/service quality, and managing risk in the supply chain. By actively engaging with suppliers, organizations can benefit from increased operational efficiency as well as improved supplier collaborations that result in mutually beneficial relationships. The ROYSB process has become increasingly important in the current global economy, where businesses must constantly strive for greater efficiencies in their supply base to stay competitive.