When it comes to procurement, catalog buying is an effective and efficient way of purchasing common or regularly purchased items. It involves creating a list of the items you need, then selecting approved suppliers who can provide those items at specific prices. By pre-selecting suppliers and prices, it eliminates the need for lengthy negotiations and assessments, thus saving time and resources. This practice also helps to ensure that your organization will always get the best value for their money. Catalog buying allows for quick, cost-effective procurement of the items you need—making it ideal for organizations that have limited resources.