procurement, procurance, procural(noun)
the act of getting possession of something
"he was responsible for the procurement of materials and supplies"
The purchasing department of a company.
The act of procuring or obtaining; obtainment; attainment.
Efficient contrivance; management; agency.
They think it done by her procurement. -Dryden.
the act of procuring or obtaining; obtainment; attainment
efficient contrivance; management; agency
Procurement is the acquisition of goods, services or works from an external source. It is favorable that the goods, services or works 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. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing exposure to fraud and collusion.
The numerical value of Procurement in Chaldean Numerology is: 6
The numerical value of Procurement in Pythagorean Numerology is: 4
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Translations for Procurement
From our Multilingual Translation Dictionary
- fremskaffelse, indkøbsafdeling, indkøbDanish
- Einkauf, BeschaffungGerman
- osto-osasto, hankintaosasto, ostaminen, hankintaFinnish
- achats, obtention, approvisionnementFrench
- inkoop, inkoopafdelingDutch
- obtenção, suprimentos, comprasPortuguese
- добывание, отдел закупа, закупкаRussian
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