Back to glossary

Procurement

Procurement glossary
Get the latest updates

Stay ahead of the curve with our latest content

Subscribe to our newsletter and get fresh insights every month

What Is Procurement?

The structured process through which an organization obtains goods, services, or works from external suppliers. It covers the steps of need identification, supplier selection, term negotiation, purchase order or contract issuance, and supplier performance management.

Learn more about Procurement

See how Precoro fits into your team's workflows

A personalized demo, built around your team’s challenges, led by experts who understand what matters.

Employee photo Employee photo Employee photo Employee photo Employee photo Employee photo
By submitting your information, you agree to our Terms of Service and Privacy Policy.