Procurement

Pronunciation: /prəˈkjʊrmənt/

Definitions of procurement

noun the act of obtaining or acquiring something, typically through effort or a process

Example Sentences

A1 The procurement of office supplies is handled by the administration team.

A2 She works in procurement, sourcing materials for the company's projects.

B1 The procurement process involves researching suppliers and negotiating contracts.

B2 The procurement manager is responsible for ensuring cost-effective purchasing decisions.

C1 Strategic procurement involves analyzing market trends and developing long-term supplier relationships.

C2 The company's procurement department is known for its efficient supply chain management practices.

Examples of procurement in a Sentence

formal The procurement department is responsible for sourcing and purchasing goods and services for the company.

informal The procurement team is in charge of getting all the stuff we need for the office.

slang The procurement crew is on a mission to score the best deals for our business.

figurative In the game of business, procurement is like playing chess - strategic moves to acquire the best resources.

Grammatical Forms of procurement

• plural: procurements
• comparative: more procurement
• superlative: most procurement
• present tense: procure
• future tense: will procure
• perfect tense: have procured
• continuous tense: is procuring
• singular: procurement
• positive degree: procurement
• infinitive: to procure
• gerund: procuring
• participle: procured

Origin and Evolution of procurement

First Known Use: 1425 year

Language of Origin: Latin

Story behind the word: The word 'procurement' originated from the Latin word 'procurare' meaning to take care of or manage.

Evolution of the word: Originally used in the context of managing or taking care of something, the word 'procurement' has evolved to specifically refer to the act of obtaining goods or services, especially through official channels such as purchasing or contracting.