procurement — the action of obtaining or acquiring something, especially for a business or organization
Part of speech: NOUN
Definition: the action of obtaining or acquiring something, especially for a business or organization
Pronunciation (IPA): /prəˈkjʊrmənt/
Example Sentences
- Our company's coffee procurement strategy is so advanced, we buy beans before they're even planted.
- The procurement team successfully negotiated better prices for raw materials.
- Military procurement requires strict security clearance procedures.
procurement
NOUN[/prəˈkjʊrmənt/]
the action of obtaining or acquiring something, especially for a business or organization
a business professional in a suit reviews documents while shaking hands with a supplier representative. The manager holds a purchase order while pointing to specific items listed on paper. After the handshake, boxes of office supplies and equipment appear on the desk between them. The supplier nods approvingly as they finalize the business transaction. Other office workers in the background organize incoming shipments and check inventory. the action of obtaining or acquiring something, especially for a business or organization
Through careful measurement and patient endurement, she masters procurement!
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🎤Pronunciation
🌳Etymology
🎵Rhyme
🔗Collocations
📝Examples
“Our company's coffee procurement strategy is so advanced, we buy beans before they're even planted.”
“The procurement team successfully negotiated better prices for raw materials.”
“Military procurement requires strict security clearance procedures.”
“The hospital's medical equipment procurement was delayed due to budget constraints.”
📚Related Words
Synonyms
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