Hello!
i would like to ask you the difference between the words "purchase" and
"procurement"
could anybody help?
thanks a lot!

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alrisha
GunSoe - 29 May 2006 09:16 GMT
Let me try....
Procurement is activity to make an object available for use. Purchasing
is one of procurement activity, the others are leasing, barter, etc.
Karl - 29 May 2006 12:18 GMT
purchase means to buy something with money. procurement means to attain soemthing perhaps without the use of money.
So a purchase can be a procurement but a procurement may not be a purchase.