• Technology

    Understanding Procurement: What It Means and Its Importance

    Defining Procurement: The Basics You Need to Know Procurement refers to the process of acquiring goods or services from an external source, usually for a business or organization. It involves the entire cycle of activities from identifying a need, to sourcing suppliers, to negotiating contracts, to receiving and paying for the goods or services. The primary objective of procurement is…

    Read More »
Back to top button