DMAIC is a problem-solving approach used in the business world to drive improvement in procurement. It stands for Define, Measure, Analyse, Improve, and Control. DMAIC facilitates an organized method for accurately assessing processes, identifying inefficiencies, and developing solutions that are tailored to the specific needs of a business. The approach emphasizes the importance of data-driven decision making and an iterative approach to process improvement. By utilizing this methodology, businesses can ensure they are optimizing their procurement operations and achieving maximum efficiency.