Purchasing Vs Procurement Difference Explained

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In this video, we will discuss and understand about procurement and purchasing. • Purchasing is buying of goods and services for the seller, whereas procurement is the sourcing of goods and services from an external source to fulfill the requirements of the organization. Procurement involves leasing, renting, and contract to arrange goods and services. • Purchasing is part of procurement... • #procurement • #purchasingprocess • Get Connected with us on : • Instagram : / review.machine • Facebook : / reviewmachine2020 • Blogger ID : review-machine.blogspot.com • Join Our Telegram Group : https://t.me/reviewmachine • Join Our Whatsapp Group : https://chat.whatsapp.com/BiZdq36NRMY... • Icons made by a href= https://www.flaticon.com/authors/freepik title= Freepik Freepik/a from a href= https://www.flaticon.com/ title= Flaticon www.flaticon.com/a

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