This page provides all possible meanings and translations of the word purchasing
Princeton's WordNetRate this definition:(0.00 / 0 votes)
the act of buying
"buying and selling fill their days"; "shrewd purchasing requires considerable knowledge"
Webster DictionaryRate this definition:(0.00 / 0 votes)
FreebaseRate this definition:(0.00 / 0 votes)
Purchasing refers to a business or organization attempting to acquiring goods or services to accomplish the goals of its enterprise. Though there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes Expediting, Supplier Quality, and Traffic and Logistics in addition to Purchasing.
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