Procurement is the process of obtaining goods and services that are necessary for an organization to operate. Supply Planning is an essential part of the procurement process, responsible for determining the right amount of supplies and materials needed for each project. The goal is to ensure a steady supply of materials for production and operations, as well as efficiency and cost savings through careful planning. With careful analysis, Supply Planners can review current needs, anticipate future needs, compare supplier quotations and optimize purchasing decisions – all with the objective of ensuring a reliable supply of goods and services that support organizational objectives.