Purchasing
Process a business or organization uses to acquire goods and services
Process a business or organization uses to acquire goods and services
Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Purchasing is part of the wider procurement process, which typically also includes expediting, supplier quality, transportation, and logistics. Purchasing managers/directors, procurement managers/directors, or staff based in an organization's purchasing office, guide the organization's acquisition procedures and standards and operational purchasing activities.
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