procurements

Obtaining needed supplies

Procurements are acts of obtaining or acquiring something, especially through formal purchasing processes.

The term appears most often in government and corporate contexts, where procurement involves official procedures for buying goods and services: The department handles all military procurements.

Federal procurements must follow strict bidding requirements.

corporate

purchasing

Acquiring through payment

vendors · orders · requisitions · invoices · negotiations · logistics · inventory · ERP · strategic · RFQ

governmental

contracts

Enforceable written agreements

RFP · tenders · agencies · compliance · regulations · appropriations · vendors · solicitations · acquisitions · oversight

humanitarian

relief

Easing of distress

logistics · distribution · supplies · NGO · donations · warehousing · shelter · UNICEF · coordination · deployment

ethical

sustainable

Able to endure long-term

transparency · auditing · certifications · conflict-free · environmental · diversity · minority-owned · traceability · CSR · accountability

Opposites
acquisition vs. disposition

procurementsdisposals

Acts of eliminating something

divestments · divestiture · sales · dispositions · liquidations

buying vs. selling

procurementssales

Revenue from goods moved

selling · vending · distributions · supplies · provisions

resource flow

procurementsdistributions

Acts of parceling out

dispersals · disseminations · outflows · depletions · expenditures

Phrases
Family

procurement

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G