procurement

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procurement

[prə′kyu̇r·mənt]
(ordnance)
The complete action or process of acquiring or obtaining personnel, materiel, services, or property from outside a military service by means authorized in pertinent directives.
More specifically, the action or process of acquiring or obtaining materiel, property, or services at the operational level, for example, purchasing, contracting, and negotiating directly with the source of supply.

procurement

The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.
References in periodicals archive ?
The biometric machines and 20 new Hilux Vans procured by NECO were inaugurated by the Permanent Secretary, Federal Ministry of Education, Arc Sonny Echono, who was represented by the Director of Human Resources, Ministry of Education, Dr Auwal Koko.
He informed that wheat was being procured through open door policy
Last year, the Sindh food department had procured 1.4 million tonnes of wheat while the federal government allowed the export of 0.
The government procured $1 billion from China Development Bank and $200 million from Bank of China.
He explained that another 50 Hilux 4x4 ambulances were also being procured specifically for hard to reach areas.
He further said Omerprazole 20mg capsule was procured by the K-P government at Rs1.09 per capsule, while Punjab government bought the same for Rs9.29 per capsule.
* David Jarvis, executive vice president and the firm's Newark/urban market specialist, represented the seller and procured the buyer of involved 385-391 and 467-479 Roseville Ave.,
The government, through its designated agencies, procured more than 5.9 million tons of wheat this year.
The new passenger train with a capacity of 200 passengers was procured from China in line with highest European standards, and was promoted last year.
Islamabad -- The government has so far procured about 600,000 tons of wheat through its wheat procurement campaign for the year 2014-15 across the crop sowing areas in the country.
Though the country's powerful sugarmillers are still reluctant to go into the cer tification process of Pakistan Standardsand Quality Control Authority (PSQCA), the Trading Corporation of Pakistan (TCP) has found a way out to approve standard of procured sugar from the local millers.
Approval for procuring eight regiments of QR- SAMs worth over ` 10,000 crore was given in the meeting of which three would be procured during the ongoing 12th defence plan, sources said.