Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “global procurement”

global procurement

noun [U] COMMERCE
the process by which an organization buys the products or services it needs for its work from organizations in all parts of the world: The high-tech products maker was selected to be one of the company's four suppliers for its global procurement programme.
(Definition of global procurement noun from the Cambridge Business English Dictionary © Cambridge University Press)

Word of the Day

navigate

to direct the way that a ship, aircraft, etc. will travel, or to find a direction across, along, or over an area of water or land, often by using a map

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More