Procurement
noun
The action of buying or obtaining something, often for a company or organization.
The manager is in charge of procurement of raw materials for the company.
Often appears as...
- procurement process
- procurement officer
Usage tips
Formal
Technical
noun
The activity of getting military equipment and supplies.
The defense ministry handles the procurement of arms and ammunition for the army.
Often appears as...
- defence procurement
- procurement program
Usage tips
Formal
Technical
noun
The activity of obtaining services or staff.
The HR manager is responsible for the procurement of new staff.
Often appears as...
- procurement of services
- staff procurement
Usage tips
Formal
noun
The action of buying or obtaining something, often for a company or organization.
The manager is in charge of procurement of raw materials for the company.
Often appears as...
- procurement process
- procurement officer
Usage tips
Formal
Technical
noun
The activity of getting military equipment and supplies.
The defense ministry handles the procurement of arms and ammunition for the army.
Often appears as...
- defence procurement
- procurement program
Usage tips
Formal
Technical
noun
The activity of obtaining services or staff.
The HR manager is responsible for the procurement of new staff.
Often appears as...
- procurement of services
- staff procurement
Usage tips
Formal
Definition 1 of 3
Pro Tip 1/3Business Focus
Procurement specifically refers to buying for businesses or organizations, not personal shopping.
He works in procurement, dealing with suppliers and contracts.
Pro Tip 2/3Strategic Activity
In a company context, procurement involves strategy, like finding cost-effective suppliers.
Procurement teams often negotiate to lower costs for the company.
Pro Tip 3/3Not Just Buying
Procurement includes researching, planning, and acquiring, not just the act of purchasing.
Her procurement role also involves quality checks of the products bought.
Pro Tip 1/3Business Focus
Procurement specifically refers to buying for businesses or organizations, not personal shopping.
He works in procurement, dealing with suppliers and contracts.
Pro Tip 2/3Strategic Activity
In a company context, procurement involves strategy, like finding cost-effective suppliers.
Procurement teams often negotiate to lower costs for the company.
Pro Tip 3/3Not Just Buying
Procurement includes researching, planning, and acquiring, not just the act of purchasing.
Her procurement role also involves quality checks of the products bought.
Pro Tip 1/3Business Focus
Procurement specifically refers to buying for businesses or organizations, not personal shopping.
He works in procurement, dealing with suppliers and contracts.
Pro Tip 2/3Strategic Activity
In a company context, procurement involves strategy, like finding cost-effective suppliers.
Procurement teams often negotiate to lower costs for the company.
Pro Tip 3/3Not Just Buying
Procurement includes researching, planning, and acquiring, not just the act of purchasing.
Her procurement role also involves quality checks of the products bought.
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Video examples
How city mayors are...
racial equity on social justice in these areas we facilitate these conversations by first helping people count you have to measure because if you don't measure you can't manage if you don't look for it you won't see where wages are lower where promotions have not happened we're hiring doesn't occur where procurement has not
Video examples
Bridges should be...
and our structures, because it's the procurement which is often the key. Design competitions is one way to get good design, but it's not the only one. There's an awful lot of procurement going on that is absolutely prejudiced against good design. So yes, technology happens a bit slowly sometimes in my world.
Video examples
Building a theater that...
there are all kinds of things that we architects need to learn how to do like managing contracts learning how to write contracts understanding procurement processes understanding the time value of money and cost estimation but I'm going to reduce this to the beginning of the process into three very pedantic
Video examples
How India could pull off...
and it could become a global leader in digital energy technologies. The international community can help here by funding innovation to make India's energy transition faster and more affordable. Countries like the United States should help fund public procurement of advanced air conditioners
Video examples
The Future of the Food...
We must also encourage our governments and ensure that at the local, state and federal level, our school feeding programs prioritize healthy food, our public procurement programs prioritize healthy food, and collectively, we ensure that we keep the standards high for everybody,
Video examples
The COVID-19 crisis is a...
of investment and the next layer down right so challenge mission sectors the next layer down are kind of the projects and this is where I talk about the need for procurement contracts so government as purchaser grants and loans to be redesigned to really nurture and
Video examples
What is economic value,...
In fact, what government did was it used its full power of procurement, for example, to fuel those bottom-up solutions, of which some failed. But are failures part of value creation? Or are they just mistakes? Or how do we actually also nurture the experimentation,
Video examples
What happens when a...
Yes, dad jokes in government. Now I've talked a lot about paper, but we also bring up computer systems that go down. We bring in modern technology practices, like user-centered design and the cloud, and we also help improve procurement.
Video examples
Wall Street in prison PIPE...
conditions for an escape the passing of contraband the procurement of a weapon prisoners are kept in their cell and visitors kept out the bay area where fog and eccentrics and do-gooders pour into every nook and cranny of the region
Video examples
Ultimate Survival...
hypothermic again teamwork came together for water procurement and fire procurement the only thing we're not successful with was fishing even though they were jumping right in front of us they're jumping right in front of us
Video examples
How city mayors are...
racial equity on social justice in these areas we facilitate these conversations by first helping people count you have to measure because if you don't measure you can't manage if you don't look for it you won't see where wages are lower where promotions have not happened we're hiring doesn't occur where procurement has not
Video examples
Bridges should be...
and our structures, because it's the procurement which is often the key. Design competitions is one way to get good design, but it's not the only one. There's an awful lot of procurement going on that is absolutely prejudiced against good design. So yes, technology happens a bit slowly sometimes in my world.
Video examples
Building a theater that...
there are all kinds of things that we architects need to learn how to do like managing contracts learning how to write contracts understanding procurement processes understanding the time value of money and cost estimation but I'm going to reduce this to the beginning of the process into three very pedantic
Video examples
How India could pull off...
and it could become a global leader in digital energy technologies. The international community can help here by funding innovation to make India's energy transition faster and more affordable. Countries like the United States should help fund public procurement of advanced air conditioners
Video examples
The Future of the Food...
We must also encourage our governments and ensure that at the local, state and federal level, our school feeding programs prioritize healthy food, our public procurement programs prioritize healthy food, and collectively, we ensure that we keep the standards high for everybody,
Video examples
The COVID-19 crisis is a...
of investment and the next layer down right so challenge mission sectors the next layer down are kind of the projects and this is where I talk about the need for procurement contracts so government as purchaser grants and loans to be redesigned to really nurture and
Video examples
What is economic value,...
In fact, what government did was it used its full power of procurement, for example, to fuel those bottom-up solutions, of which some failed. But are failures part of value creation? Or are they just mistakes? Or how do we actually also nurture the experimentation,
Video examples
What happens when a...
Yes, dad jokes in government. Now I've talked a lot about paper, but we also bring up computer systems that go down. We bring in modern technology practices, like user-centered design and the cloud, and we also help improve procurement.
Video examples
Wall Street in prison PIPE...
conditions for an escape the passing of contraband the procurement of a weapon prisoners are kept in their cell and visitors kept out the bay area where fog and eccentrics and do-gooders pour into every nook and cranny of the region
Video examples
Ultimate Survival...
hypothermic again teamwork came together for water procurement and fire procurement the only thing we're not successful with was fishing even though they were jumping right in front of us they're jumping right in front of us
Example 1 of 10
Quote examples
Safra A. Catz
American Businesswoman
What happened in the past can help you know what's going to happen in the future. That insight brings a next level of intelligence not just to sales and marketing but to ERP, where you can save more money in procurement or figure out whether the people you recruit are going to be successful in your organization.
Quote examples
Rohini Nilekani
Indian Writer
We must incorporate climate modelling in future plans and investments. Whether it is policies on crop procurement, skilling and job creation, urbanisation or even beach tourism, climate adaptation pathways will have to be imagined.
Quote examples
Ofra Strauss
Israeli Businesswoman
Businesses, the State, and the third sector should join forces for a fairer society around the theme of diversity and inclusion in the supply chain, diverse suppliers in general, and work and procurement with women in particular.
Quote examples
Nirmala Sitharaman
Indian Politician
I am saying this with a certain sense of confidence and not arrogance. The defence ministry is being run without any middleman and in a transparent way. We have proved that defence procurement can happen without middlemen.
Quote examples
Theresa May
British Politician
What we're also doing is helping police forces in terms of issues like procurement and IT, so that savings can be made in those areas which I think is the sort of thing that everybody is going to want us to be doing.
Quote examples
Amarinder Singh
Indian Politician
There are critical issues facing us, including handling transportation of lakhs of migrants, completing harvest and procurement on time, supporting poor and needy, and above all, combating the spread of the pandemic.
Quote examples
Jennifer Pahlka
American Public Servant
Government technology processes are mind-boggling long and complicated. A procurement process alone is typically two years, and that doesn't account for the time required to actually build the product.
Quote examples
Ian Watson
British Writer
My father-in-law just happens to be a global procurement guru. Now retired, he was the global head of procurement for some of the biggest companies in the world as well as our very own treasury.
Quote examples
Sam Graves
American Politician
The integrity of the federal procurement system needs to be protected so that the public has confidence in government contracts, and small businesses have every opportunity to compete.
Quote examples
Kevin McCloud
British Designer
You cannot use the democratic process for the procurement of excellence.
Quote examples
Safra A. Catz
American Businesswoman
What happened in the past can help you know what's going to happen in the future. That insight brings a next level of intelligence not just to sales and marketing but to ERP, where you can save more money in procurement or figure out whether the people you recruit are going to be successful in your organization.
Quote examples
Rohini Nilekani
Indian Writer
We must incorporate climate modelling in future plans and investments. Whether it is policies on crop procurement, skilling and job creation, urbanisation or even beach tourism, climate adaptation pathways will have to be imagined.
Quote examples
Ofra Strauss
Israeli Businesswoman
Businesses, the State, and the third sector should join forces for a fairer society around the theme of diversity and inclusion in the supply chain, diverse suppliers in general, and work and procurement with women in particular.
Quote examples
Nirmala Sitharaman
Indian Politician
I am saying this with a certain sense of confidence and not arrogance. The defence ministry is being run without any middleman and in a transparent way. We have proved that defence procurement can happen without middlemen.
Quote examples
Theresa May
British Politician
What we're also doing is helping police forces in terms of issues like procurement and IT, so that savings can be made in those areas which I think is the sort of thing that everybody is going to want us to be doing.
Quote examples
Amarinder Singh
Indian Politician
There are critical issues facing us, including handling transportation of lakhs of migrants, completing harvest and procurement on time, supporting poor and needy, and above all, combating the spread of the pandemic.
Quote examples
Jennifer Pahlka
American Public Servant
Government technology processes are mind-boggling long and complicated. A procurement process alone is typically two years, and that doesn't account for the time required to actually build the product.
Quote examples
Ian Watson
British Writer
My father-in-law just happens to be a global procurement guru. Now retired, he was the global head of procurement for some of the biggest companies in the world as well as our very own treasury.
Quote examples
Sam Graves
American Politician
The integrity of the federal procurement system needs to be protected so that the public has confidence in government contracts, and small businesses have every opportunity to compete.
Quote examples
Kevin McCloud
British Designer
You cannot use the democratic process for the procurement of excellence.
Example 1 of 10
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