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social science subjects > business and management > finance > expenditure > procurement
... > social science subjects > business and management > leadership (business) > process approach to leadership > situational leadership > management > procurement
social science subjects > business and management > management skills > management control > procurement
... > social science subjects > psychology > applied psychology > educational psychology > aptitude > academic ability > skills (abilities) > management skills > management control > procurement
... > social science subjects > education > education studies > educational psychology > aptitude > academic ability > skills (abilities) > management skills > management control > procurement
... > social science subjects > psychology > behavior mechanisms > human development > intelligence, ability, and aptitude > aptitude > academic ability > skills (abilities) > management skills > management control > procurement
social science subjects > business and management > manufacturing and operations > procurement
social science subjects > business and management > operations management > procurement
social science subjects > business and management > manufacturing and operations > operations management > procurement
... > social science subjects > health and social care > health care management > operations and decision making > operations management > procurement
... > social science subjects > politics and international relations > governance > crisis management > issues in crisis management > resource management > procurement
... > social science subjects > business and management > management settings > business management > governance > crisis management > issues in crisis management > resource management > procurement
social science subjects > business and management > management settings > resource management > procurement

Preferred term

procurement  

Definition

  • Procurement can be simply defined as the acquisition of goods and services for the firm at the “best” price. Procurement includes sourcing (identifying and working with appropriate suppliers) and purchasing (the specific functions associated with the actual buying) and covers all the activities necessary to obtain goods and services consistent with user requirements from the placement of an order through to its delivery. [Source: Encyclopedia of Business in Today's World; Procurement]

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https://concepts.sagepub.com/social-science/concept/procurement

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