Procurement wikipedia - Search
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  3. Government procurement in the United States - Wikipedia

     
  4. pro·cure·ment
    noun
    1. the action of obtaining or procuring something:
      "financial assistance for the procurement of legal advice" · "the company's procurements from foreign firms"
    More about procurement
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  9. People also ask
    What is government procurement?The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done. When a government agency buys goods or services through this practice, it is referred to as government procurement or public procurement.
    en.wikipedia.org
    What does procurement mean?Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done.
    en.wikipedia.org
    Who provides procurement services?Organizations or individuals who provide procurement services are referred to as suppliers, vendors, contractors, subcontractors, or sellers; of these terms, suppliers is the most widely used. Many IT projects involve the use of goods and services from outside the organization.
    How does a procurement department work?Here’s how it generally works: Procurement Department: Focuses on the strategic process of sourcing, negotiating, and purchasing goods and services. It ensures that purchases align with the company’s needs and standards, and often involves managing supplier relationships.
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