procurement　

procurement　采购　

The process of obtaining goods and services from preparation and processing of a requisition through to receipt and approval of the invoice for payment.It commonly involves（1）purchase planning，（2）standards determination，（3）specificatspecifications development，（4）supplier research and selection，（5）value analysis，（6）financing，（7）price negotiation，（8）making the purchase，（9）supply contract administration，（10）inventory control and stores，and（11）disposals and other related functions，the purchasing of services or materials from a business perspective.