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Purchasing
 | This article needs additional citations for verification. (October 2007) |
Look up purchase or purchasing in Wiktionary, the free dictionary.
Purchasing is the procurement process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations.
Purchasing is part of the wider procurement process, which typically also includes expediting, supplier quality, transportation, and logistics.
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