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Purchases vs Procurement - What's the difference?

purchases | procurement |

As nouns the difference between purchases and procurement

is that purchases is while procurement is (uncountable) the purchasing department of a company.

As a verb purchases

is (purchase).

purchases

English

Noun

(head)

    • Verb

    (head)
  • (purchase)

    • procurement

    English

    (wikipedia 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