Procurement — is the acquisition of goods and/or services. It is favourable that the goods/services are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location.… … Wikipedia
procurement — pro‧cure‧ment [prəˈkjʊəmənt ǁ proʊˈkjʊr ] noun [countable, uncountable] formal COMMERCE the act of ordering and buying the equipment, supplies, services etc needed by a company or other organization: • Uncertainty in government procurements hit… … Financial and business terms
Procurement outsourcing — is the transfer of specified key procurement activities relating to sourcing and supplier management to a third party perhaps to reduce overall costs or maybe to tighten the company s focus on its core competencies. Procurement categorisation and … Wikipedia
procurement officer — ➔ officer * * * procurement officer UK US noun [C] (also purchasing officer) COMMERCE ► HR a person whose job is to buy products or services from other organizations: » Procurement officers can now use streamlined procedures for purchases under… … Financial and business terms
Procurement — Pro*cure ment, n. [1913 Webster] 1. The act of procuring or obtaining; obtainment; attainment. [1913 Webster] 2. Efficient contrivance; management; agency. [1913 Webster] They think it done By her procurement. Dryden. [1913 Webster] … The Collaborative International Dictionary of English
Procurement software — is business software that helps to automate the purchasing function of organizations. Activities including raising and approving purchase orders, selecting and ordering the product or service, receiving and matching the invoice and order, and… … Wikipedia
procurement — pro·cure·ment n 1: the act of procuring 2: the purchasing, leasing, renting, or selling of materials, services, equipment, or construction Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
procurement — c.1300, use of improper influence, from O.Fr. procurement (13c.), from procurer (see PROCURE (Cf. procure)). Meaning process of bringing something about (by the action of another) is from c.1400. Military use is from 1957 … Etymology dictionary
procurement service office — (PSO) (obsolete) (See purchasing and materials service center) … Glossary of postal terms
Procurement programme of the Royal Australian Navy — The Royal Australian Navy, although a significant one in the Asia Pacific region, is nonetheless classed as a medium sized navy. Its fleet is based around two main types of surface combatant, with limited global deployment and air power… … Wikipedia
Procurement — 1. To attain possession of something, usually after exerting a substantial effort to do so. 2. The purchasing of something usually for a company, government or other organization. Here are some examples of sentences using the word procurement : 1 … Investment dictionary