Focal Point Procurement is an essential process for businesses looking to stay competitive and make the most of their resources. This type of procurement involves the centralized sourcing of goods or services from within the organization while ensuring competition and fairness between suppliers. It reduces costs, improves efficiencies, and facilitates better decision-making by providing an easily identifiable point of contact with the suppliers. The Focal Point approach allows organizations to better control the entire procurement process and results in more transparent and cost-effective business dealings.