GlossaryEN1 min readUpdated: Jul 10, 2025
Procurement
Last updated: Published:
Source: https://en.wikipedia.org/wiki/Procurement
Category
Logistics Concept
Reading time
1 min
Words
34
Mentioned in
–
Procurement is a component of logistics and supply chain management that includes all activities for planning, executing, and controlling the acquisition of goods, materials, and services to ensure a company's supply needs are met.
Related Terms
Related News
Logistics knowledge straight to your inbox
Weekly: Top news, industry facts and insights from the world of logistics – free.