Definitions from the Web
Procurement
Definition:
Procurement refers to the process of obtaining goods, services, or works from an external source, usually through purchasing or acquiring them.
Examples:
Noun:
- The company's procurement department ensures the timely acquisition of raw materials.
- Government procurement contracts require a thorough evaluation process.
Verb:
- We need to procure additional office supplies from the stationery store.
- He procured the services of a renowned lawyer for his legal case.
Related Products:
|