How does procurement deliver value to the organisation?

The possible values that the purchasing department could actually add to the organization are:

1-better contracts

2-improved purchasing efficiency

3-customer satisfaction (improved quality and service)

4-closer and more cooperative relationships with suppliers

5-Co-innovation with the suppliers

6-reduced costs, improved quality and increased time to market resulting from an early involvement of the purchasing department in the new product development process (NPD). 

Procurement controls the price of your input raw materials for your company.  Accordingly how best and efficient your procurement function is that will reflect on your sales and competitiveness with your competing products or services.  There fore procurement will add value in generating more sales and customer satisfaction and greater profitability to your organization.

It's basically getting best material/ service within estimated budget for betterment of organisation, along with optimal savings in terms of cost, energy.

By Cost saving and management, alway meeting up with delivery time.