what is procurement in a organisation?explain illustrate your explanations with examples.?

Answer 1

You mean procurement/purchasing? It's the department in a company that is in charge of all purchases related to the company itself. A hospital's procurement department is responsible for purchasing all the materials and items needed to run the hospital (from back offices to the patients' medical supplies). They deal with the vendors and suppliers and they are also in charge of getting the best price from these vendors and suppliers, making sure the goods purchased are in correct specifications and qualities and that the goods reached the intended end-user in the company.