- nounprocurement (noun) · procurements (plural noun)
- the action of obtaining or procuring something:"financial assistance for the procurement of legal advice" · "the company's procurements from foreign firms"
- the action or occupation of acquiring military equipment and supplies:"defense procurement"
Similar and Opposite Wordsnoun
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What Is Procurement? - Investopedia
Procurement is the process of purchasing goods or services, usually for business purposes. Learn about the steps, types, and differences of procurement, and how it affects accounting and strategy. See more
Procurement is obtaining or purchasing goods or services, typically for business purposes. Procurement is most commonly associated with businesses because companies must … See more
Procurement and procurement processes can require a substantial portion of a company's resources to manage. Procurement … See more
There are a few different kinds of procurement that businesses can undertake. These include: 1. Direct Procurement: This kind of procurement involves any goods … See more
Competitive biddingis a part of most business deals involving multiple bidders. The competitive bidding process for goods is usually more … See more
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What is Procurement? | IBM
WEBProcurement is how companies acquire the goods and services they need from external sources to operate efficiently. Learn about the procurement process, its stages, its …
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WEBMar 28, 2024 · Procurement is the strategic process of sourcing and acquiring the goods and services that an organization needs to fulfill its business objectives. …
Procurement Definition & Meaning - Merriam-Webster
WEBProcurement is the act or process of procuring, especially the obtaining of military supplies by a government. See examples, synonyms, word history, and legal definition of …
What is Procurement? The Complete 101 Guide to Procurement …
WEBOct 5, 2022 · Procurement is a systematic process within the supply chain in which business leaders approach spending analytically. Learn the basics of procurement, …
Procurement - Wikipedia
WEBProcurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source. Learn about the history, overview, …
PROCUREMENT | English meaning - Cambridge Dictionary
WEBProcurement is the process of getting supplies or buying products or services from other organizations. Learn more about the meaning, usage and collocations of procurement …
What Is Procurement? Types, Processes
WEBProcurement is a range of activities involved in obtaining goods or services for a company's operations. Learn about the types, processes and technology of procurement, and how it can impact the bottom line.
PROCUREMENT Definition & Meaning | Dictionary.com
WEBWhat does procurement mean? Procurement most commonly refers to the formal, official process of purchasing and obtaining materials, supplies, or equipment, especially in the …
What Is Procurement? | Coursera
WEBNov 21, 2023 · Procurement is the process of acquiring goods and services that a company or organization needs to function effectively. Learn about the stages, types, and related terms of procurement, and …
What Does Procurement Mean? – The Word Counter
WEBApr 8, 2024 · The term procurement (prəˈkjʊəmənt) comes from the word procure, which means “to obtain or get by care and effort.” When people use procurement in …
What is procurement? | Definition, Process & Technology | SAP
WEBProcurement is the process of sourcing, purchasing, receiving, and inspecting all of the goods and services your business needs to operate – everything from raw …
procurement noun - Definition, pictures, pronunciation and usage …
WEBProcurement is the process of obtaining supplies of something, especially for a government or an organization. Learn how to pronounce, use and distinguish procurement from …
What Is Procurement? Your Guide to the Entire Process - Tipalti
WEBProcurement is the act of sourcing and purchasing goods, services, or raw materials for a business from vendors or suppliers. It includes every action involved in and required …
Understanding the Procurement Process: A Comprehensive …
WEB4 days ago · At its essence, procurement is the process through which organizations identify, acquire, and manage the goods and services necessary to run their operations. …
What Does Procurement Mean? What You Should Know
WEBNov 29, 2022 · Procurement is the process of sourcing and obtaining the goods and services a business needs to fulfill its objectives. Procurement is most generally …
What Is Procurement? 3 Main Types of Procurement - MasterClass
WEBDec 8, 2021 · Procurement is the process of acquiring goods, services, or works from external sources. Learn about the three main types of procurement (open, selective, and …
What Is Procurement? Types, Processes and Tech | Order.co
WEBApr 3, 2024 · Procurement is the process of sourcing, acquiring, and paying for goods and services. While many organizations use terms like ‘procurement,’ ‘purchasing,’ and …
PROCUREMENT | definition in the Cambridge English Dictionary
WEBProcurement is the process of getting supplies or buying products or services from other organizations. Learn more about the meaning, usage and collocations of …
Procurement - Definition, Meaning & Synonyms | Vocabulary.com
WEBProcurement is the act of getting something you need. Save it for when you need to sound serious, like if you're in the military.
What Is Procurement? (With Types and Steps in the Process)
WEBFeb 3, 2023 · Procurement is the process involving the acquisition of products or services for business use from an external source. It's most commonly associated …
What Is Procurement? Processes, Types, Metrics
WEBApr 27, 2022 · Procurement is the act of sourcing and obtaining goods and services necessary for maintaining business processes. It’s the overall process of purchase …
What Is the Procurement Process? (Including Steps and Types)
WEBMar 3, 2023 · The procurement process is the set of steps and procedures businesses use to obtain goods or services. Procurement processes are essential to businesses …
Contracts - U.S. Department of Defense
WEBMay 30, 2024 · 3. 4. 5. U.S. Department of Defense contracts valued at $7.5 million or more are announced each business day at 5 p.m.
What Is The Project Life Cycle: The 5 Phases Explained
WEBJan 31, 2024 · Create a procurement plan: Find any 3rd party suppliers required and agree on terms; 3. Project Execution Phase Resources are onboarded and briefed, ground …
What is information technology? | Definition from TechTarget
WEBInformation technology (IT) is the use of any computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and …
What is cloud computing: Its uses and benefits | McKinsey
WEBAug 17, 2022 · What is the cloud cost/procurement model? Some cloud services, such as server space, are leased. Leasing requires much less capital up front than buying, offers …
Hunter Biden guilty of all charges in federal gun trial - BBC
WEB3 days ago · Hunter Biden has been found guilty on all three charges in his federal gun trial, becoming the first son of a sitting US president to be criminally convicted. Prosecutors …
