procurement

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Procurement

The act of buying, especially for business purposes. This term is often used in the energy industries; for example, one may procure oil in order to refine it.

procurement

see PURCHASING, BUYING PROCESS.
References in periodicals archive ?
As support services, these laboratories have established libraries and documentation centers on their premises and procure all sorts of document sources in support of their work.
Smaller research and academic organizations are unable to procure information resources to satisfy their users' needs; in turn, the lack of access to such information will have a negative effect on research.
Procure Sure provides the platform for organisations to take e-procurement to new levels through fully integrated supplier purchasing processes.