procurement
Say it: pruh-KYOR-munt /proʊˈkjʊrmənt/ · noun
What “procurement” means
Finding and buying what an organisation needs.
More precisely: The process of finding and buying goods or services for an organization.
Example: “Procurement needs three quotes before we can buy new software.”
When to use it
In organisations, when discussing how supplies or services are chosen and purchased. It sounds more formal than simply saying 'buying'.
Similar words
purchasing, sourcing, buying
Quick check
A hospital compares suppliers, selects suitable beds and arranges their purchase for a new ward. This process is…
procurement or logistics?
Show the answer
procurement
Learn 5 new words a day in Kinquire. Each with a picture, how to say it, an example and a quick check, then spaced review so you actually keep them. Free to start.
Learn “procurement”