Purchasing implies a monetary transaction.
Procurement is the responsibility for acquiring the goods and services the organisation needs.
Maintenance, repair and operating supplies (MRO)
Logistics and Supply Chain Consulting services
Workers health care benefits.
Evolution in Strategies for Purchasing Preparation:
Identifying needs such as dependability, long term availability
Evaluate user requirements to ensure suitability of purchase Forecast when and how purchase will be needed
Identify, select suppliers
Develop an efficient ordering system for control