Outsourcing vs. Procurement
ADVERTISEMENT
Difference Between Outsourcing and Procurement
Outsourcingnoun
The transfer of a business function to an external service provider.
Procurementnoun
(uncountable) The purchasing department of a company.
Procurementnoun
(countable) The act of procuring or obtaining; obtainment; attainment.
He was responsible for the procurement of materials and supplies.I have a lot of experience in the procurement of construction materials and sub-contracts.Procurementnoun
Efficient contrivance; management; agency.
They think it done by her procurement. -Dryden.Procurementnoun
the act of getting possession of something;
he was responsible for the procurement of materials and suppliesADVERTISEMENT
