In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks to the Managing Director of K Wright Consultancy Limited, Keith Wright. Are you aware that procurement is more than just buying things? It can make or break your business! According to Keith, a procurement expert, there are five ways in which procurement can impact your business. First, procurement can help mitigate risks by having the right processes and policies in place. Second, it plays a crucial role in serving customers by ensuring quality products and services. Third, procurement can help save money by negotiating with suppliers and finding the best deals. Fourth, it can help manage growth by having a clear growth plan and collaborating with suppliers. Lastly, procurement is about finding the right balance between risk mitigation, customer service, cost savings, and growth management. Don't neglect procurement and risk losing your business! Keith Wright offers a free introductory call on his website, kwrightconsultancy.co.uk, to help business owners improve their procurement processes. Take advantage of this opportunity and ensure your business thrives!   About Keith Wright: Keith is a seasoned entrepreneur and commercial leader with over 30 years of experience in the building industry. Specializing in procurement, he's saved millions through strategic purchasing methods. He established K Wright Consultancy in 2021, which has since helped 22 organizations with combined sales exceeding £3.5bn, streamlining their operations and discovering new value-creation opportunities. Keith also contributes as a non-executive director for a digital start-up and chairs a local charity, demonstrating a commitment to diverse sectors. He's currently writing a book highlighting the often-overlooked power of procurement. His extensive experience and unique insights make him a valuable connection in business growth and strategy.   About K Wright Consultancy Limited: K Wright Consultancy Limited is a renowned consulting firm specializing in procurement and category management in the UK building industry. They offer bespoke solutions tailored to business owners, leaders, entrepreneurs, and investors' unique needs. Leveraging deep industry knowledge and strategic buying methods, they help clients streamline operations, uncover savings, and identify growth opportunities. In just two years, they've boosted 22 organizations with a combined sales volume of over £3.5bn, proving their effectiveness. Their personalized approach and commitment to delivering value make them an essential partner for businesses seeking to optimize procurement and enhance business performance.   Apply to be a Guest on The Thoughtful Entrepreneur: https://go.upmyinfluence.com/podcast-guest Links Mentioned in this Episode: Want to learn more? Check out K Wright Consultancy Limited website at https://www.kwrightconsultancy.co.uk/ Check out K Wright Consultancy Limited on Linkedin at https://www.linkedin.com/company/kwrightconsultancy/ Check out Keith Wright on LinkedIn at linkedin.com/in/keith-wright-4aa823a8 Don’t forget to subscribe to The Thoughtful Entrepreneur and thank you for listening. Tune in next time! More from UpMyInfluence: We are actively booking guests for our The Thoughtful Entrepreneur. Schedule HERE. Are you a 6-figure consultant? I’ve got high-level intros for you. Learn more here. What is your #1 Lead Generation BLOCKER? Take my free quiz here. Want to learn more about all the podcasts managed by UpMyInfluence? Opt in here.