Procurement is the acquisition of goods, services or works from an outside external source. It is favourable 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 proc... Found on http://en.wikipedia.org/wiki/Procurement
The term used to describe how a company or contracting authority buys or agrees contracts for goods, works and services. Found on http://www.encyclo.co.uk/local/21375
Pro·cure'ment noun 1. The act of procuring or obtaining; obtainment; attainment. 2. Efficient contrivance; management; agency. « They think it done By her procurement .» Dryden. Found on http://www.encyclo.co.uk/webster/P/167
With the Detailed Scope Document and Issue for Construction (IFC) and Procurement Documents as a basis, perform multiple discipline procurement activities to provide equipment, material and labor to support the Construction, and Commissioning & Startup Phases. Documents produced during the phase normally include Request for Quotes & Bids/Bid Analy... Found on https://www.construction-institute.org/resources/knowledgebase/about-the-kn
The process of buying in goods or services from an external provider. Covers everything from determining the need for new goods to buying, delivering and storing them.
Found on https://www.encyclo.co.uk/local/20141