Synonyms for

Procurement

Verb / prəʊˈkjʊrmʌnt / Another word for procurement — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Procurement refers to the process of obtaining goods or services, typically for a business or organization.

Synonyms & similar words

procurance procural acquisition purchasing buying sourcing obtaining acquiring securing getting finding gaining winning attaining retrieval fetching collection accumulation stockpiling hoarding gathering harvesting

Synonyms by register

Formal

acquisition purchasing sourcing procuring

Informal

buying getting picking up

Literary

gathering amassing

Antonyms

disposal sale liquidation expenditure spending giving away

Common collocations

  • procurement process
  • strategic procurement
  • public procurement
  • procurement management
  • procurement officer
  • procurement department
  • procurement strategy

Word family

noun procurement
verb procure
adjective procured

Usage note

Procurement refers to the act of obtaining goods or services. It is often used in a business or governmental context and implies a formal process rather than casual buying.

Example sentences

  1. The procurement process for the new office chairs took several weeks.
  2. The company's procurement department was responsible for finding new suppliers.
  3. The procurement of raw materials was critical to the success of the manufacturing process.
  4. We need to streamline our procurement process in order to save time and money.
  5. The procurement manager was in charge of negotiating contracts with vendors.

Quotes

  • The most important thing is the procurement of adequate funding.
  • Procurement is not purchasing. It's a strategic discipline.
  • The procurement process is a critical step in any successful business operation.

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