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What are the activities come under procurement?

Updated: 9/17/2019
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Q: What are the activities come under procurement?
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What is a Procurement departments?

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.


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Post Procurement activities commonly involve; • Supply contract administration, • Inventory control and stores, • Disposals and other related functions.


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Traditional procurement and e-Procurement?

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1. A traditional procurement process is a collection of many processes by interacting with other departments of a company or with the supplier. Whereas e-procurement means electronic procurement or online procurement. 2. Traditional procurement can be done by face-to-face, or via telephone. E- Procurement can only be done through online. 3. Traditional procurement is costly E-Procurement is cost effective.