purchasing
Verb
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Verb
- present participle of purchase#English|purchase
purchasing
- An act or process of making a purchase.
- 1936, James Arthur Fulton, Our economic nationalism: its purpose and importance (page 84)
- As our exports and imports are now nearly in balance, it is assumed that such bargaining, if agreed to, would induce the debtor nations to greatly increase their purchasings from us […]
- 1936, James Arthur Fulton, Our economic nationalism: its purpose and importance (page 84)
- (business, government) A complex, organized process in large organizations for obtaining goods that may include identification of requirements, approvals, supplier management, negotiation, receipt of goods, and payment.
- A part of an organization that manages such processes
- (complex process) procurement
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002