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Procurement work is basically a way to monitor the selling and buying of goods or services in any business. The people that do procurement make sure the buying and selling of goods and services is fair and check for receipts and invoices of every product that comes in and goes out of the business. Procurement work is prevention against business fraud and keeps things fair in the buying and selling process.

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13y ago

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Why do you want to study procurement?

I Want to study procurement in order to work in a big company in stores department.


Is the use of the word procurement in this sentence correct Please fill up the forms for procurement of PHIC Number?

The word 'procurement' is used typically for 'goods and services' only.Example: Shipping documents are required for procurement of the shipment from the dock.Your use thus is incorrect.


What does someone in IT Procurement do?

IT Procurement is a kind of work that deals with IT contracts, either with hardware, software, or services. Therefore, a person in IT Procurement should have ability of assessing and making a good and profitable contract for their IT projects.


What are forms of procurement?

There are several forms of procurement. Some of these include traditional procurement, design and build procurement, and management contacting procurement.


How project procurement is different from operation procurement?

Project Procurement is where the decision to procure and the funding to pay the invoice comes from a project budget. Operational Procurement is where decision to procure and the funding comes from the general budget as the commodities or services are required for the overall operation. The method of making the procurement decision can be identical in both cases. OLD ANSWER project procurement is directly we search the material from the vendors and get the price of such lower price according to our project buget and the operation procurement is to lead the use of the material in accordingly. project procurement is directly we search the material from the vendors and get the price of such lower price according to our project buget and the operation procurement is to lead the use of the material in accordingly.


How would you use the word procurement in a sentence regarding accounting?

The procurement of equipment-tracking devices will reduce the capital outlay for replacement devices. The company may require the procurement of venture capital for its expansion.


Which procurement service should I use?

I went with Accenture. They are a great procurement service and should be able to help you with what you need. Just check ProcurementServiceProvider.com. They'll be able to help you find the right procurement service for you.


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.


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.