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Definition of procure. 1 transitive : to get possession of (something) : to obtain (something) by particular care and effort procure a loan She had managed to procure a hat shaped like a life-size lion's head, which was perched precariously on her head. — J.

To procure something is to obtain or get it, especially through special means or extra effort. The word is especially used in the context of the formal, official process of purchasing and obtaining materials, supplies, or equipment, particularly in the context of business or government.

Procure verb. to bring into possession; to cause to accrue to, or to come into possession of; to acquire or provide for one's self or for another; to gain; to get; to obtain by any means, as by purchase or loan. Procure verb. to contrive; to bring about; to effect; to cause. Procure verb.

procure definition: 1. to get something, especially after an effort: 2. to get a prostitute for someone else to have…. Learn more.

What does procure mean? 1 transitive : to get possession of (something) : to obtain (something) by particular care and effort procure a loan She had managed to procure a hat shaped like a life-size lion's head, which was perched precariously on her head.— J. K. Rowling. What could be a synonym for procure?

Procurement is the act of obtaining goods or services, usually for business purposes.

To procure something means to gain possession of the item. The person could have achieved the items indirectly or purposefully.

Legal Definition of procurement. 1 : the act of procuring. 2 : the purchasing, leasing, renting, or selling of materials, services, equipment, or construction.

Procurement definition:Procurement is the activity or process by which a business or organization sources or procures the goods or services that it requires. It is the act of buying services and goods on a large scale.

From a technological point of view, Gartner defines Procure-to-Pay as follows: "As its name implies, a Procure-to-Pay (or Purchase-to-Pay) system is a fully integrated solution designed to support an end-to-end process that begins with goods and services requisitioning and ends with ready-to-pay files for upload into an accounts payable system. Procure-to-Pay solutions use a scan-and-capture service, supplier portal and/or a multi-enterprise network to enable suppliers to submit invoices ...

Definition of procure. 1 transitive : to get possession of (something) : to obtain (something) by particular care and effort procure a loan She had managed to procure a hat shaped like a life-size lion's head, which was perched precariously on her head. — J.

To procure something is to obtain or get it, especially through special means or extra effort. The word is especially used in the context of the formal, official process of purchasing and obtaining materials, supplies, or equipment, particularly in the context of business or government.

Procure verb. to bring into possession; to cause to accrue to, or to come into possession of; to acquire or provide for one's self or for another; to gain; to get; to obtain by any means, as by purchase or loan. Procure verb. to contrive; to bring about; to effect; to cause. Procure verb.

procure definition: 1. to get something, especially after an effort: 2. to get a prostitute for someone else to have…. Learn more.

What does procure mean? 1 transitive : to get possession of (something) : to obtain (something) by particular care and effort procure a loan She had managed to procure a hat shaped like a life-size lion's head, which was perched precariously on her head.— J. K. Rowling. What could be a synonym for procure?

Procurement is the act of obtaining goods or services, usually for business purposes.

To procure something means to gain possession of the item. The person could have achieved the items indirectly or purposefully.

Legal Definition of procurement. 1 : the act of procuring. 2 : the purchasing, leasing, renting, or selling of materials, services, equipment, or construction.

Procurement definition:Procurement is the activity or process by which a business or organization sources or procures the goods or services that it requires. It is the act of buying services and goods on a large scale.

From a technological point of view, Gartner defines Procure-to-Pay as follows: "As its name implies, a Procure-to-Pay (or Purchase-to-Pay) system is a fully integrated solution designed to support an end-to-end process that begins with goods and services requisitioning and ends with ready-to-pay files for upload into an accounts payable system. Procure-to-Pay solutions use a scan-and-capture service, supplier portal and/or a multi-enterprise network to enable suppliers to submit invoices ...

pro•cure. (proʊˈkyʊər, prə-) v. -cured, -cur•ing. v.t. 1. to obtain by care, effort, or the use of special means: to procure secret documents. 2. to bring about, esp. by complicated or indirect means. 3. to obtain (a person) for the purpose of prostitution. v.i.

Procure refers to commencing a proceeding; bringing about a result; persuading, inducing, or causing a person to do a particular act; obtaining possession or control over an item; or making a person available for sexual intercourse.

The verb PROCURE has 2 senses: 1. get by special effort. 2. arrange for sexual partners for others. Familiarity information: PROCURE used as a verb is rare.

What Does Procurement Mean? Procurement is a systematic process within the supply chain in which business leaders approach spending analytically. It is often considered a key component of a company's overall corporate strategy as it aligns the company's overall objectives with their short- and long-term goals.

For direct procurement (which we'll explore in more detail below), you can think of procurement as a systematic approach to acquiring goods and services within a supply chain. A procurement officer needs to handle all the activities involved with finding the right goods and services a business needs, all while staying aligned with the overall goals of the business.

In general, procurement means the act of getting something, especially through special means or extra effort, as in The procurement of transplant organs is a complex process. Example: If someone says they work in procurement, it means they spend a lot of time navigating the supply chain to get what their company needs.

Does procure mean buy? To procure something is to obtain or get it, especially through special means or extra effort. The word is especially used in the context of the formal, official process of purchasing and obtaining materials, supplies, or equipment, particularly in the context of business or government.

Procurement is the acquisition of goods, services or works from an external source. It is favorable that the goods, services or works are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location.

Procurement Services (OGS) is the state's centralized procurement office that manages nearly 1,500 contracts for commodities, services, and technology that are in demand by New York government agencies, local governments, school districts, and nonprofit organizations.

Procurement is the process of identifying, shortlisting, selecting, and acquiring suitable goods or services or works from a third-party vendor through a direct purchase, competitive bidding, or tendering process while ensuring timely delivery of the right quality and quantity.

• PROCUREMENT (noun) Sense 1. Meaning: The act of getting possession of something. Classified under: Nouns denoting acts or actions

What does it mean to procure services from a company? Services Procurement Procurement doesn't end with obtaining goods. The process can be geared to procure services as well. With services procurement, a company would seek to obtain the necessary labor to run its operation.

Procurement is the process of acquiring goods, operating resources, materials, services or works from an external source. Often, procurement is determined through a competitive bidding process or by the offer of tender. The primary objective of procurement is to ensure a long-term supply in line with demand at the lowest possible cost.

Define procured. procured synonyms, procured pronunciation, procured translation, English dictionary definition of procured. v. pro·cured , pro·cur·ing , pro·cures v. tr. 1. To get by special effort; obtain or acquire: managed to procure a pass. 2. To bring about; effect: procure... Procured - definition of procured by The Free Dictionary.

Procure-to-pay is the process of integrating purchasing and accounts payable systems to create greater efficiencies. It exists within the larger procurement management process and involves four key stages: selecting goods and services; enforcing compliance and order; receiving and reconciliation; invoicing and payment.

Procurement and supply management involves buying the goods and services that enable an organisation to operate in a profitable and ethical manner. Procurement is often responsible for up to 70% of companies' revenue, so small reductions in costs can have a huge impact on profits. Organisations can ...

What Does Procurement Mean for your Organization? Sep 29, 2020 | Procurement News. Every organization is different, unique, and has specific needs. Any one organization could very well need to source a spectrum of tasks and activities to other companies, or vendors. These vendors then fulfill the terms of the contract, therefore providing the ...

Definition of procure. 1 transitive : to get possession of (something) : to obtain (something) by particular care and effort procure a loan She had managed to procure a hat shaped like a life-size lion's head, which was perched precariously on her head. — J.

To procure something is to obtain or get it, especially through special means or extra effort. The word is especially used in the context of the formal, official process of purchasing and obtaining materials, supplies, or equipment, particularly in the context of business or government.

Procure verb. to bring into possession; to cause to accrue to, or to come into possession of; to acquire or provide for one's self or for another; to gain; to get; to obtain by any means, as by purchase or loan. Procure verb. to contrive; to bring about; to effect; to cause. Procure verb.

procure definition: 1. to get something, especially after an effort: 2. to get a prostitute for someone else to have…. Learn more.

What does procure mean? 1 transitive : to get possession of (something) : to obtain (something) by particular care and effort procure a loan She had managed to procure a hat shaped like a life-size lion's head, which was perched precariously on her head.— J. K. Rowling. What could be a synonym for procure?

Procurement is the act of obtaining goods or services, usually for business purposes.

To procure something means to gain possession of the item. The person could have achieved the items indirectly or purposefully.

Legal Definition of procurement. 1 : the act of procuring. 2 : the purchasing, leasing, renting, or selling of materials, services, equipment, or construction.

Procurement definition:Procurement is the activity or process by which a business or organization sources or procures the goods or services that it requires. It is the act of buying services and goods on a large scale.

From a technological point of view, Gartner defines Procure-to-Pay as follows: "As its name implies, a Procure-to-Pay (or Purchase-to-Pay) system is a fully integrated solution designed to support an end-to-end process that begins with goods and services requisitioning and ends with ready-to-pay files for upload into an accounts payable system. Procure-to-Pay solutions use a scan-and-capture service, supplier portal and/or a multi-enterprise network to enable suppliers to submit invoices ...

pro•cure. (proʊˈkyʊər, prə-) v. -cured, -cur•ing. v.t. 1. to obtain by care, effort, or the use of special means: to procure secret documents. 2. to bring about, esp. by complicated or indirect means. 3. to obtain (a person) for the purpose of prostitution. v.i.

Procure refers to commencing a proceeding; bringing about a result; persuading, inducing, or causing a person to do a particular act; obtaining possession or control over an item; or making a person available for sexual intercourse.

The verb PROCURE has 2 senses: 1. get by special effort. 2. arrange for sexual partners for others. Familiarity information: PROCURE used as a verb is rare.

What Does Procurement Mean? Procurement is a systematic process within the supply chain in which business leaders approach spending analytically. It is often considered a key component of a company's overall corporate strategy as it aligns the company's overall objectives with their short- and long-term goals.

For direct procurement (which we'll explore in more detail below), you can think of procurement as a systematic approach to acquiring goods and services within a supply chain. A procurement officer needs to handle all the activities involved with finding the right goods and services a business needs, all while staying aligned with the overall goals of the business.

In general, procurement means the act of getting something, especially through special means or extra effort, as in The procurement of transplant organs is a complex process. Example: If someone says they work in procurement, it means they spend a lot of time navigating the supply chain to get what their company needs.

Does procure mean buy? To procure something is to obtain or get it, especially through special means or extra effort. The word is especially used in the context of the formal, official process of purchasing and obtaining materials, supplies, or equipment, particularly in the context of business or government.

Procurement is the acquisition of goods, services or works from an external source. It is favorable that the goods, services or works are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location.

Procurement Services (OGS) is the state's centralized procurement office that manages nearly 1,500 contracts for commodities, services, and technology that are in demand by New York government agencies, local governments, school districts, and nonprofit organizations.

Procurement is the process of identifying, shortlisting, selecting, and acquiring suitable goods or services or works from a third-party vendor through a direct purchase, competitive bidding, or tendering process while ensuring timely delivery of the right quality and quantity.

• PROCUREMENT (noun) Sense 1. Meaning: The act of getting possession of something. Classified under: Nouns denoting acts or actions

What does it mean to procure services from a company? Services Procurement Procurement doesn't end with obtaining goods. The process can be geared to procure services as well. With services procurement, a company would seek to obtain the necessary labor to run its operation.

Procurement is the process of acquiring goods, operating resources, materials, services or works from an external source. Often, procurement is determined through a competitive bidding process or by the offer of tender. The primary objective of procurement is to ensure a long-term supply in line with demand at the lowest possible cost.

Define procured. procured synonyms, procured pronunciation, procured translation, English dictionary definition of procured. v. pro·cured , pro·cur·ing , pro·cures v. tr. 1. To get by special effort; obtain or acquire: managed to procure a pass. 2. To bring about; effect: procure... Procured - definition of procured by The Free Dictionary.

Procure-to-pay is the process of integrating purchasing and accounts payable systems to create greater efficiencies. It exists within the larger procurement management process and involves four key stages: selecting goods and services; enforcing compliance and order; receiving and reconciliation; invoicing and payment.

Procurement and supply management involves buying the goods and services that enable an organisation to operate in a profitable and ethical manner. Procurement is often responsible for up to 70% of companies' revenue, so small reductions in costs can have a huge impact on profits. Organisations can ...

What Does Procurement Mean for your Organization? Sep 29, 2020 | Procurement News. Every organization is different, unique, and has specific needs. Any one organization could very well need to source a spectrum of tasks and activities to other companies, or vendors. These vendors then fulfill the terms of the contract, therefore providing the ...

The simplest definition of procurement is the act of a business buying goods or services. However, the reality is more complex. There are several elements under the umbrella, including selecting vendors, negotiating payment terms, finalizing contracts, and more. Buyers and sellers are the two parties involved, but only the purchasing element ...

What does procurement entail and what exactly does purchasing mean? There are numerous, sometimes conflicting definitions and even professionals in the field will often debate the different nuances and meanings of these words as well as other synonyms like 'sourcing' and 'acquisition'. For a good broad definition Wikipedia is good source

What does procurement mean? The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.

Find 50 ways to say PROCURE, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus.

This procure-to-pay definition highlights that P2P includes many procure-to-pay process steps. How Does Procure-to-pay Work? Procure-to-pay works by standardizing and streamlining procurement, receiving, and accounts payable workflows and documents throughout the procure-to-payment process. Forms used in the P2P process include purchase ...

Procurement Management - What Does Procurement Mean? Procurement management is a concept that is familiar to just about anyone who has worked in the business environment. Practically every business has to look outside itself at some point for goods or services that are required to continue operating.

Procurement Process: This is the policies and guidelines for people in a company regarding how they should request, approve, track and receive the products or services they need to procure. Procurement Planning: This is how you go about deciding which vendors to use, what shipping method, quantity to order and the terms you need.

Supply Chain Resource Cooperative. 2806-A Hillsborough Street Raleigh, NC 27695-7229. P: 919.513.4488

What does procurement (eProcurement) mean? The word procurement means purchasing. Procurement is therefore the generic term for the operational purchasing process and includes everything which relates to the purchase of materials or services from companies and organisations. In our context of logistics purchasing, in particular, it includes ...

Procurement is a fancy term meaning "to get." To procure something means to find and retrieve something, usually an item or a service. Plenty of businesses have their own procurement department. - this is usually a group of dedicated employees who make buying decisions for the business.

Some states provide a formal definition of public procurement in statute. For example, the Arizona Procurement Code (2004) offers the following definition: 31. 'Procurement': (a) Means buying, purchasing, renting, leasing or otherwise acquiring any materials, services, construction or construction services.

A procurement department is a kind of a department which handles all the activities related to procurement, like procurement services, procurement strategy, supply chain management etc.

IT procurement is the series of activities and procedures necessary to acquire information technology ( IT ) products and services.

Procurement Costs means the amount paid or payable in respect of salaries, bonuses and benefits in connection with the employment by the Company of the Procurement Personnel and the monthly license fee paid in respect of the Procurement Software. Procurement Costs shall have the meaning given to it in Schedule A.

Procurement is about finding the best possible product at the best possible price. Purchasing means to authorize the payment for these goods or services. By understanding the difference, it becomes a lot easier to define job functions and ultimately save some cash.

The first step in the procurement process is known as sourcing. Sourcing is different from source to contract, which is an important distinction. Sourcing is only one activity within the procurement department that is handled by procurement professionals. The sourcing process begins, normally, by compiling a short-list of qualified vendors.

Procurement refers to techniques, structured methods, and means used to streamline an organization's procurement process and achieve desired results while saving cost, reducing time, and building win-win supplier relationships. Procurement can be direct, indirect, reactive, or proactive in nature.

Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.. Procurement generally involves making buying decisions under conditions of scarcity.If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost ...

What is e-procurement? Electronic procurement, also known as e-procurement or supplier exchange, is the process of requisitioning, ordering and purchasing goods and services online.It is a business-to-business process.. Unlike e-commerce, e-procurement utilizes a supplier's closed system and is only available to registered users.E-procurement facilitates interactions between preferred ...

The procurement cycle is the series of actions required to obtain goods or services from an outside source. The events may include researching vendors, order requests, budget negotiation, purchases, and audits. The procurement cycle can require significant time and capital to complete. For example, if a retailer needs to restock a product, they ...

Procurement is another term for purchasing of goods and services. The procurement director typically reports to the chief financial officer or controller, which usually means that the department is considered part of financial services. A procurement director in a small organization may authorize and place orders as well as ensure delivery.

Business procurement is the sourcing and purchasing of goods and services for business use from an external source. Individual businesses set procurement policies that govern their choice of suppliers, products, and the methods and procedures that will be used to communicate with their suppliers. Many businesses use green and ethical procurement.

Define what it means to be successful with procurement compliance Now that you have the bones of an action plan, take some time to think through what procurement compliance success would look like. At one extreme, perhaps your goal is to make your accountants more efficient by requiring everyone to submit receipts to the same email address.

Click to see full answer. Likewise, people ask, what is a procuring? to obtain or get by care, effort, or the use of special means: to procure evidence. to bring about, especially by unscrupulous and indirect means: to procure secret documents. to obtain (a person) for the purpose of prostitution.. Similarly, what does it mean to be on a real estate team?

4. You shall not, and shall procure that the users of the PKD data shall not, intentionally: . attempt to access any information on the Website of the ICAO PKD that is denied to it by the normal operation thereof; . use the Website of the ICAO PKD in any manner intended to cause damage or disable the Website, or the ICAO PKD, or interfere with ...

Construction management procurement is defined as being the art and manner of securing necessary goods and services with an eye to: timeliness. acceptable quality (which varies considerably from one client to the next) respect of financial parameters (reasonable pricing) minimizing and mitigating risk. effective communication and administration.

Indirect Procurement Definition. Indirect Procurement can be defined as: "Non-revenue-generating expenses, or expenditures that do not relate directly to the product or service being sold" (Cox et al.,2005) Richard Beaumont - Procurement Expert, says "The stuff that you procure that doesn't go into the goods and services that you sell ...

What does 'Procurement Transformation' mean on the ground. As we all know Procurement means so much more than savings. The Procurement function should be the place where all corporate contracts are managed, the Procurement function can capture and feed Innovation in to the business, a Procurement function can bring a robust supplier ...

organ procurement: [ pro-kūr´ment ] the obtaining of something. organ procurement in the nursing interventions classification , a nursing intervention defined as guiding families through the donation process to ensure timely retrieval of vital organs and tissue for transplantation .

the nature of "procurement," in general and in terms of "public procurement," in order to frame the discourse on procurement, and to examine what it may mean for those in and around the field. INTRODUCTION At the conclusion of IPPC5 in 2012, a challenge was set to departing participants to define "procurement."

Procure-to-pay is a term used to describe a system that connects all of the steps of a procurement process, from the decision to buy something to the eventual transaction. Procure-to-pay is also sometimes known as purchase-to-pay.

What does procurement of services mean? Procurement is the act of obtaining goods or services, typically for business purposes. Procurement is most commonly associated with businesses because companies need to solicit services or purchase goods, usually on a relatively large scale.

What does it mean to procure services from a company? Services Procurement Procurement doesn't end with obtaining goods. The process can be geared to procure services as well. With services procurement, a company would seek to obtain the necessary labor to run its operation.

Local governments and non-traditional vendors are finding ways to do business beyond the Request for Proposal (RFP). One of these alternative purchasing mechanisms is cooperative procurement. If…

What does Procurement mean in Business. 1 comment; 14,078 views; Do you know what does procurement mean in business? Procurement has great importance in every business as it focuses on acquiring of goods or obtaining of services in meeting the demands for supplies for continuous day to day operation and to avoid interruption of production.

What does Procurement mean? If we go by the definition of procurement as given by Wikipedia on the net, it is the acquisition of goods and services by a company to fulfill its needs and requirements from the right vendor at the right time, in the right quantity and the best possible rates. In this sense, procurement looks like a superior ...

A procurement administrator may spend a large portion of his time talking to potential sellers, and comparing data on different products. In most companies, the procurement administrator reports directly to a senior manager.The administrator has to consider the company's fiscal status and capabilities when obtaining contracts for goods and services.

Good procurement looks like a challenge. There is a need to raise standards, reach a higher level of efficiency, and achieve greater savings all while delivering exceptional value for money, for every dollar spent. Some may say it is an uphill battle. Others may say it is an opportunity to transform procurement once and for all and for the better.

procurement [pro-kūr´ment] the obtaining of something. organ procurement in the nursing interventions classification, a nursing intervention defined as guiding families through the donation process to ensure timely retrieval of vital organs and tissue for transplantation. Miller-Keane Encyclopedia and Dictionary of Medicine, Nursing, and Allied Health ...

Bid procurement is a system in which companies seeking a product or service allow other companies or individuals to submit competing offers in order to win the right to provide the requested product or service. The process is also known as a "call for bids," as the company needing the product or service is calling upon providers to submit their ...

What does corporate culture really mean to procurement? By Kelly Barner January 27, 2022 No Comments. At Art of Procurement, we frequently have conversations about how procurement can better align themselves with corporate objectives. These clear, measurable goals may challenge procurement in the sense that they are hard to achieve, but a ...

Procurement: What Does It Mean? Catrina Peters MS, RD School Nutrition Services Manager Nevada Department of Agriculture Procurement Definition: Buying stuff School food service has a lot of rules they are required to follow Rules on how they can or can't buy things Some of those rules make buying local a challenge What kind of rules?

A procurement assistant is responsible for finding new vendors with high quality products and low prices. The main duty of a procurement assistant is scheduling material purchases and estimating arrival times. Businesses cannot run out of essential items for creating a highly desired product, such as internal cell phone components.

Procurement engineers must ensure all employees have the tools and resources needed to do their jobs effectively. Price is a major factor in procurement decisions. Companies want to pay the lowest price possible and still meet their desired performance and quality goals. Procurement engineers must stay well-informed about the economic and ...

The procurement function has a variety of positions. Regardless of industry, one of the most common is the procurement analyst. Read this post to learn more about what a procurement analyst does.

EPC (Engineering, Procurement and Construction) In the construction industry, EPC is an acronym for Engineering, Procurement and Construction in connection with projects such as tank terminals. It is a standard term that refers to a special form of project execution and contract design. This form of contracting EPC services is one possible form ...

Integrity in Procurement: What does it mean? by Obella Marie D. Ronsairo and Francis J. Custodio, MARCH 2021. Integrity is defined as a trait in a person who exhibits qualities such as honesty and having morally strong principles. Personal integrity is a strong sense of commitment towards morality, openness, and high standards of ethics that an ...

What does requisition mean in procurement? ¶ A requisition is a departmental or office unit's request for goods or service from a provider of products and services (a vendor). It is prepared by department personnel and into E-Procurement or Colleague as applicable. A requisition does not encumber funds.