0

I found many people use "Purchase" and "Procurement" interchangeably.

Are they same?

If "No" then what are the differences between them and can you please provide two different examples to show where to use what.

closed as off-topic by Kris, Chenmunka, Robusto, user66974, Drew Sep 26 '14 at 3:24

This question appears to be off-topic. The users who voted to close gave this specific reason:

  • "Questions that can be answered using commonly-available references are off-topic. A list of these references can be found here: List of general references" – Kris, Chenmunka, Robusto, Community, Drew
If this question can be reworded to fit the rules in the help center, please edit the question.

3

A purchase will involve paying for something. Procurement doe snot have to involve paying for it. So if you pay for it, the two are more or less interchangeable. If you don't pay for it, it is not a purchase.

2

Whilst they are often used interchangeably, 'procurement', from 'procure' has a wider meaning than purchase.

In this sense the latter means simply 'to obtain'. In Go down to the beach and see if you can procure a round stone, there is no suggestion of money being paid as would be the case with 'purchase'.

'Procure' is also often used for 'persuade or cause someone to do something' e.g. He procured his wife to sign the mandate.

'Procurement' is frequently used to mean 'purchase' but in its very widest sense; including the identification and assessment for suitability of something e.g. military and defence procurement. This can also be applied to the work of commercial procurement. But everyday 'purchasing' by individuals is seldom described as 'procurement', certainly not for something as mundane as nipping out to the shop to buy a newspaper and a litre of milk. 'Purchase', would be far more suitable.

Not the answer you're looking for? Browse other questions tagged or ask your own question.