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The fundamental of global sourcing is acquiring of product or services from the global market. It helps to expose the company's products or services in the global market. Global sourcing includes various activities like sourcing, procurement, supply chain management etc.
Wiki User
∙ 7y ago
Wiki User
∙ 12y agoProcured means obtained, or purchased.
However, the word "procure" normally implies an action on the part of the person who does the procuring, whereas (in modern usage) "obtain" does not.
Wiki User
∙ 9y agoTo procure something means to gain possession of the item. The person could have achieved the items indirectly or purposefully.
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What does OTF mean in procurement?
otf lil durk he mean on the fly
What are forms of procurement?
international procurement and national procurement
Traditional procurement and e-Procurement?
Challenges traditional procurement
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.
What is procurement performance?
Procurement performance is an activity or an integral component of integral procurement management. It involves in describing key indicators, methods, and processes that are necessary for measuring the procurement success.
What does procurement from BYO EME mean?
Procurement from byo eme
What is procurement circle?
pls,what does the term procurement circle mean
What do you mean by solicitation in procurement?
it means procurement in solicitation will be like stone in a ocean, h2owauih
What does OTF mean in procurement?
otf lil durk he mean on the fly
What are forms of procurement?
international procurement and national procurement
What does the word procurement mean in dealing with ancient civilization?
Look online
Traditional procurement and e-Procurement?
Challenges traditional procurement
What appropriations are funded for 3 years?
procurement
How can you compare project procurement strategy with corporate procurement strategy?
Compare and contrast the two basic procurement strategies of corporate procurement and project procurement
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.
What is the difference between E procurement and traditional procurement?
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.
How did the public procurement act of 2011 supervise procurement process in public institutions?
Roles of procurement
