C1nounformalbusinesswork
US/prəˈkjʊr.mənt/
UK/prəˈkjʊə.mənt/
the process of getting goods or services, especially for a company or government
In context
The procurement department negotiates prices with all of our suppliers.
Public procurement rules require the city to accept the lowest fair bid.
Delays in procurement of medical equipment left the clinic without scanners.
Words that go with procurement
noun + noun
- procurement processThe procurement process takes about six weeks.
- procurement officerSend the invoice to our procurement officer.
- procurement policyOur procurement policy favors local suppliers.
adjective + noun
- public procurementPublic procurement makes up a large share of spending.
noun + preposition
- procurement of suppliesThe procurement of supplies is handled centrally.
verb + noun
- streamline procurementThe new software helps us streamline procurement.
Common mistakes
Incorrect:
a procurementCorrect: procurement