Buying well is a specialist skill, and most organizations do it occasionally. Vendors do it every day.
That asymmetry is where money quietly goes: the auto-renewal nobody put on a calendar, the three overlapping tools, the license count that grew and never shrank. The number that matters is what an agreement costs over its life, not what it costs on the day it is signed.
This practice runs sourcing, supply chain and logistics as one accountable operation rather than three disconnected ones. Requirements are written down before anyone talks price, the market is run properly, and you get a decision you can defend to a board.
Suppliers are screened and monitored on the terms your regulators and members expect, and second sources are found before you need them rather than during the week you do.
Existing agreements are the usual starting point. We inventory what you hold, map the renewal dates, and work through the categories in the order that is costing you most.