answersLogoWhite

0


Best Answer

A procurement system is a system that allows one to procure certain products. An example of this may be a procurement system that monitors websites for low priced items and then purchases them while the price is at or lower than the price wanted.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is considered a procurement system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the main use of a procurement system?

Procurement systems are designed for companies or whole industries to track and analyze purchases made. The most well known is the Standard Procurement System (SAS) used widely in the U.S.


Is the automated contracting system that standardizes procurement processes across DoD It is used for writing solicitations and contracts -?

Standard Procurement System (SPS)


With respect to product improvements if a modification will not cause an increase in system performance does not require extensive independent testing and the system is currently in production its?

procurement;procurement


What is one of the benefits to the DoD's Standard Procurement System (SPS)?

One benefit of the DoD's Standard Procurement System (SPS) is improved efficiency in procurement processes through automation, standardization, and data integration. This helps to reduce manual errors, streamline workflows, and enhance overall procurement accuracy and timeliness.


System for drug procurement and inventory control in the pharmacy?

add


What is the Federal Procurement Data System?

The Federal Procurement Data System is a single service for goverment wide data. It is part of the General Services Administration which manages information on federal contracting.


What are forms of procurement?

international procurement and national procurement


What is the difference between procrument and purchase?

The difference between purchasing and procurement is that to purchase something with currency or money. Procurement is the obtaining of goods and services through a bartering system.


What are the factors considered before adopting an e procurement system in operation?

u must consider the suppliers, the existing technology and the users u should also have the mission for such ideas of using electronic systems


What are the factors considered before adopting an e-procurement system in operation?

u must consider the suppliers, the existing technology and the users u should also have the mission for such ideas of using electronic systems


Traditional procurement and e-Procurement?

Challenges traditional procurement


What appropriations are funded for 3 years?

procurement