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Procurement শব্দের বাংলা অর্থ: আসাদন

Procurement Meaning In Bengali আসাদন

Procurement

আসাদন, আহরণ,

Definition

1) The action or process of obtaining or acquiring goods, services, or works from an external source, typically through a tendering or competitive bidding process.
2) The department or function within an organization responsible for sourcing and purchasing goods and services necessary for the organization's operations.
3) The overall strategy or system used by an organization to manage the sourcing, purchasing, and delivery of goods and services in the most cost-effective and efficient manner.

Examples

Procurement Example in a sentence

1) The organization's procurement department is responsible for sourcing materials and services.

2) Strategic procurement decisions can significantly impact a company's bottom line.

3) The process of procurement involves negotiating contracts with vendors.

4) Effective procurement practices can lead to cost savings and improved efficiency.

5) Procurement officers must ensure compliance with all relevant procurement policies and regulations.

6) The procurement team successfully secured a contract with a new supplier.

7) Timely procurement of raw materials is crucial for meeting production deadlines.

8) The company implemented a new procurement software to streamline the purchasing process.

9) Transparency and fairness are key principles in public procurement processes.

10) The procurement manager presented a comprehensive report on current procurement trends.

11) Sorry, but I can only provide example sentences upon request. Let me know if you would like to see examples using the word 'procurement'.

Part of Speech

Procurement (Noun)

Encyclopedia

The action or process of obtaining or acquiring goods, services, or works from an external source, typically through a tendering or competitive bidding process.
The department or function within an organization responsible for sourcing and purchasing goods and services necessary for the organization's operations.
The overall strategy or system used by an organization to manage the sourcing, purchasing, and delivery of goods and services in the most cost-effective and efficient manner.