Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is the procurement?

Answers were Sorted based on User's Feedback



what is the procurement?..

Answer / saswat barpanda

Procurement is the acquisition of goods and/or services at
the best possible total cost of ownership, in the right
quantity and quality, at the right time, in the right place
for the direct benefit or use of governments, corporations,
or individuals, generally via a contract.

Is This Answer Correct ?    13 Yes 2 No

what is the procurement?..

Answer / vishnu

The act of obtaining or buying goods and services. The
process includes preparation and processing of a demand as
well as the end receipt and approval of payment. It often
involves
(1) purchase planning,
(2) standards determination,
(3) specifications 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 process of procurement is often part of a company's
strategy because the ability to purchase certain materials
will determine if operations will continue. A business will
not be able to survive if it's price of procurement is more
than the profit it makes on selling the actual product.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Human Resources Interview Questions

why should i hire you excluding other outside the room present here who have come to the interview?

4 Answers   Innova Telecom, Potty, TATA, Wipro,


Q1.what will be career path as a HR in the particular company?

0 Answers  


how can we communiucate as realistic a picture as possible of a job and of the organization to prospective emplyees? What kins of issues are most crucial to them?

0 Answers   Lever Brothers,


i am doing final year mba. i planned to do my project in talent acquistion management.. can any one give me the standardised scale & questionnaire for the project. thank you

0 Answers  


why you have choosen ur career as a hr

3 Answers   V Tech Power Engineering,


how do u access the candidate?how do u judge the candidate?

1 Answers   HP,


why u choose MBA In HR After B.A?

2 Answers   Britannia, HDFC, SJN Construction,


What is the best way to source Candidates in a Portal?

3 Answers   Genpact,


Dear Friends, I am having a 4+ years of experience in HR field and am planning to do SAP - HR general course (not the certification) but one of friend suggested me to go for SAP certification. But am confused whether to go for certification or general course?? If I have to do the certification how for its going to help?? How is the future for SAP CERTIFICATION?? NEED YOUR HELP, KINDLY ADVISE ME Best Regards Kiran M: +91 – 9632600115 Email: Kirankumar7782@gmail.com

0 Answers  


I want to know how a HR person calculate payrolls of the employees? and the procedure of payrolls?

0 Answers  


i completed my B.E(CSE) in the year 2006 and i have 2.6 years of recruitment exp both in consultancy and corporate.. now i want to switch to SAP-HR, can anyone let me know, if i do SAP-HR course, can i get job into SAP-HR?? NOTE: I dont have MBA-HR kindly suggest me, ASAP !!!!! Regards Recruiter

1 Answers  


What are the tasks of HR executive and manager? Why a student choose HR?

0 Answers  


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3209)
  • Human Resources Interview Questions Human Resources (747)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)