Reduction in Purchasing is a business strategy that focuses on reducing the cost of goods and services purchased by a company. It involves analyzing the purchasing process and identifying areas where costs can be reduced, such as by negotiating better prices with suppliers, reducing the number of suppliers used, and reducing the amount of materials and services purchased. It also involves examining the company’s current purchasing policies and procedures and making changes to reduce costs and improve efficiency. Reduction in Purchasing can help a company save money, increase profits, and improve its competitive position in the marketplace. Additionally, it can help a company reduce its environmental impact by reducing the amount of materials and energy used in the production process.