PURCHASING

Purchasing

Purchasing refers to a business or organization attempting to acquiring goods or services to accomplish the goals of its enterprise. Though there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes Expediting, Supplier Quality, and Traffic and Logistics in addition to Purchasing.

The above text is a snippet from Wikipedia: Purchasing
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purchasing

Verb



The above text is a snippet from Wiktionary: purchasing
and as such is available under the Creative Commons Attribution/Share-Alike License.

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