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Procurement vs Tendering - What's the difference?

procurement | tendering |

As a noun procurement

is (uncountable) the purchasing department of a company.

As a verb tendering is

.

procurement

Noun

  • (uncountable) The purchasing department of a company.
  • (countable) The act of procuring or obtaining; obtainment; attainment.
  • He was responsible for the procurement of materials and supplies.
    I have a lot of experience in the procurement of construction materials and sub-contracts.
  • Efficient contrivance; management; agency.
  • They think it done by her procurement . -Dryden.

    Derived terms

    * chief procurement officer

    tendering

    English

    Verb

    (head)