Outsourcing vs. Procurement
Difference Between Outsourcing and Procurement
The transfer of a business function to an external service provider.
(uncountable) The purchasing department of a company.
(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.
Efficient contrivance; management; agency.They think it done by her procurement. -Dryden.
the act of getting possession of something;he was responsible for the procurement of materials and supplies