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 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 contract — A government contract with a manufacturer or supplier of goods or machinery or services under the terms of which a sale or service is made to the government. Such contracts, including the bidding process, are governed by government regulations,… … Black's law dictionary
Government procurement in the United States — is based on many of the same principles as commercial contracting, but is subject to special laws and regulation as described below. Persons entering into commercial contracts are pretty much free to do anything that they can agree on. Each… … Wikipedia
Scottish Government Finance and Corporate Services Directorates — Scotland This article is part of the series: Politics and government of Scotland … Wikipedia
Information Services Procurement Library — The Information Services Procurement Library (ISPL) is a best practice library for the management of Information Technology related acquisition processes. It helps both the customer and supplier organization to achieve the desired quality using… … Wikipedia
Forward Commitment Procurement — (FCP) is a procurement model that can be used to deliver cost effective environmental products and services to the public sector and help to create the market conditions in which the environmental goods and services sector can thrive.The model… … Wikipedia