Procurement

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26 April 2010 What is Procurement?

26 April 2010 Procurement is the process by which the resources (goods and services) required are acquired.

27 April 2010 The process of acquisition of goods or services required as raw material (direct procurement) or for operational purposes (indirect procurement) for a company or a person can be called procurement. The procurement process not only involves the purchasing of commodities but also quality and quantity checks.




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