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Procurement

Procurement is the commercial process of purchasing goods, services, or other works from external sources, and agreeing the terms on which they will be supplied. Major procurement activity may involve the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as…

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Overview

History

Sourcing and acquisition

Specific types

Measuring performance

Personnel and roles

Legal aspects

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Map overview Semantic statistics

Procurement

Nodes105
Edges104
Triples101
Avg. degree1.98
Density0.019048
Components1

How this topic connects Entity context

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Procurement

Top relations

related to Personnel and roles · 10
Procurement → Contracting Officers, Personnel, Procurement Manager's, Procurement Managers, Purchasing, Purchasing Managers, Regulation, Staff, The ISM, The US Federal Acquisition
related to Electronic procurement · 9
Procurement → Berlin, Berlin Airlift, DuPont, E-procurement, EDI, Electronic, Enterprise, Material, Schoenherr
related to Participation of women · 9
Procurement → Asia, CPO's, CPOs, Europe, Management, Oliver Wyman, Some, The, US
related to Decision-making · 7
Procurement → Cordozo, David, Feldman, Some, There, Three, Wilson
related to External links · 7
Procurement → Accessible Technology Procurement Toolkit, Disability, European Commission, Federal Procurement Data System, Green, INclusive Workplaces, United States
related to Measuring performance · 7
Procurement → CIPS, Contract Administration, Delivery, Examples, Right, Supply, The Chartered Institute
related to Government procurement · 6
Procurement → GDP, Government, In, OECD, Therefore, World Bank Group
is a · 5
Procurement → commercial process of purchasing goods, common practice within public sector procurement, process whereby organizations meet their needs for goods, purchase of goods, purchasing of goods by businesses through the internet or other networked computer connection
related to Acquisition processes · 5
Procurement → At, Bunn, Many, Some, Such
related to Future scenarios · 5
Procurement → Australia, Charlotte Payne, CIPS, New Zealand, Various

Important terminology Word statistics

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Important terminology

purchasing goods services process may supply also buying staff public management performance organization decision-making contract spend activities decisions works processes

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Procurementis acommercial process of purchasing goods0.90text
Procurementis apurchase of goods0.90text
Procurementis aprocess whereby organizations meet their needs for goods0.90text
Procurementis apurchasing of goods by businesses through the internet or other networked computer connection0.90text
Procurementis acommon practice within public sector procurement0.90text
qualityinstance ofor works at the best possible price when aspects0.80text
quantityinstance ofor works at the best possible price when aspects0.80text
timeinstance ofor works at the best possible price when aspects0.80text
and location are comparedinstance ofor works at the best possible price when aspects0.80text
exposure to fraudinstance ofCorporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks0.80text
collusioninstance ofCorporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks0.80text
deliveryinstance ofthe procurement process is commonly organized into seven steps that provide structure and consistency across purchasing activities.Almost all purchasing decisions include factors0.80text

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