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What is the difference between purchasing and procurement?

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2012-03-27 02:33:37
2012-03-27 02:33:37

Procurement is concerned with the overall gathering of resources, while purchasing is the specific act of acquiring something by paying money for it. Purchasing is one form of procurement.

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'Purchasing' denotes that payment was made- procurement does not. See the related links posted below for more data:


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Charles Dominick has written: 'The procurement game plan' -- subject(s): Business logistics, Industrial procurement, Purchasing


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Procurement is responsible for establishing bid requests and evaluations, tender process and project management. Purchase is the actual process of buying materials and cost control.


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The diffidence between shopping and purchasing is in shopping u may not take any thing and then u will not pay for that but in purchasing u will pay for it that is called our need after paying the money before that it is our desire



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