Increasing the efficiency of the company as a result of the organization of optimal procurement procedures

The purpose of the study is to explore and analyse the organisations procurement procedures, their efficiency and the possibilities for increasing it in the company “MKStar”.To achieve the purpose of the Bachelor's work, the author set out the following tasks: 1) Explore theoretical aspects of procurement procedures for improving efficiency. 2) Analyse the market trends of a particular sector. 3) To examine the subject company and its procurement procedures. 4) To perform an analysis of procurement procedures of the company. 5) To draw conclusions and proposals on increasing the efficiency of the company based on the results of the study.The study used these data collection methods: document analysis, semi-structured expert interviews and secondary data analysis.In the work, the author used purchasing analysis methods such as: ''Inventory Turnover'', ''Lean'' and the ''Kralyk Matrix''.The main results of the work relate to joint cooperation between the supplier of raw materials. One way to optimize collaboration is to integrate supplier and buyer purchasing software. One of the problems identified in the work is the fragmentation of suppliers warehouses, which consequently affects the availability of raw materials.