Royalty Facility Global Source

Optimizing Procurement Through FacilitySource

Our FacilitySource Procurement Department has expanded and transformed into a modernized global supply chain system. Through the implementation of key systems, the department operates a global supply chain, which consists of subcontractors and vendors who are categorized as prime partners, preferred or proprietary suppliers globally, nationally, regionally or on ad-hoc basis.

In support of its benefits and advantages to our clients, we have invested in key global, national and regional procurement strategies to ensure local country requirements can be met accurately and lawfully.

Subcontractor Management

Our Procurement Department focuses on creating long-term strategic and sustainable relationships with partners and prime suppliers. It also implements efficiencies across internal process and policies to support our expansion. Partnering with  national and local suppliers allows clients to benefit from our buying power whether they purchase directly or through Royalty Facilities.

Procurement is an integral support function of our on-site contract management teams and consistently enables these actions and activities:

  • Deliver significant financial savings
  • Proactively monitor business spend
  • Develop robust process efficiencies
  • Identify potential business risks and develop plans for mitigation
  • Monitor supplier performance
  • Continually negotiate with potential prime suppliers
  • Create beneficial preferred supplier agreements
  • Recommend future beneficial initiatives
  • Implement local and continental procurement strategies
  • Ensure competitive submission of commercial bids
  • Analyze market, industry and economic trends

NEWS: RFS Group Continues to Expand

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