Difference between procurement and purchasing - Revision history

Designing Buildings at 09:38, 20 January 2026

2026-01-20T09:38:54Z

← Older revision		Revision as of 09:38, 20 January 2026
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	* Typical tender process for construction projects.		* Typical tender process for construction projects.

−	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Definitions]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Definitions]] [[Category:Construction_management]] [[Category:Procurement]]

Editor at 15:24, 20 December 2021

2021-12-20T15:24:54Z

← Older revision		Revision as of 15:24, 20 December 2021
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	= Purchasing =		= Purchasing =

−	Purchasing is a more general term associated with the shorter term activities relating to actually buying something. It can be a subset of procurement, and generally refers to the administrative process of generating documentation such as purchase orders..	+	Purchasing is a more general term associated with the shorter term activities relating to actually buying something. It can be a subset of procurement, and generally refers to the administrative process of generating documentation such as purchase orders.

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Corporate objectives for procurement.		* Corporate objectives for procurement.

Editor at 17:39, 9 March 2021

2021-03-09T17:39:32Z

← Older revision		Revision as of 17:39, 9 March 2021
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	* Typical tender process for construction projects.		* Typical tender process for construction projects.

−	[[Category:~~Definitions~~]] [[Category:~~DCN_Definition~~]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Definitions]] [[Category:Procurement]]

Designing Buildings at 06:04, 5 August 2020

2020-08-05T06:04:13Z

← Older revision		Revision as of 06:04, 5 August 2020
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	= Introduction =		= Introduction =

−	While procurement and purchasing ~~are two terms that~~ are frequently used interchangeably, there are ~~some~~ differences between ~~each activity~~.	+	While the terms 'procurement' and 'purchasing' are frequently used interchangeably, there are actually differences between them.

	= Procurement =		= Procurement =

−	Procurement is the strategic process of purchasing goods or services. This process may include ~~various actions~~ required in order to acquire the goods or services from a third party vendor ~~through various methods while ensuring optimal results. Procurement can include negotiations~~, ~~strategies~~ and ~~tactics~~.	+	Procurement is the strategic process of purchasing goods or services. This process may include a number of activities required in order to acquire the goods or services from a third party vendor, including the preparation of information, invitation to tender, submission of tenders, assessment, negotiation and contracting.

−	In construction projects, procurement ~~may be~~ a ~~collaborative practice that follows~~ a set sequence of ~~strategic~~ procedures based on a predetermined procurement route~~. Procurement routes should follow a strategy which fits~~ the long-term objectives of the client~~'s business plan~~.	+	On construction projects, procurement can involve a team of consultants, following a set sequence of procedures based on a predetermined procurement route that will satisfy the long-term objectives of the client.

	= Purchasing =		= Purchasing =

−	Purchasing is a more general term ~~also~~ associated with the ~~acquisition of goods or services. However, instead of being a strategic activity, purchasing is associated with short~~ term ~~goals and satisfying the corporation’s objectives~~.	+	Purchasing is a more general term associated with the shorter term activities relating to actually buying something. It can be a subset of procurement, and generally refers to the administrative process of generating documentation such as purchase orders..
−		+
−	As a subset of procurement, ~~purchasing is more commonly linked~~ to the ~~actual~~ administrative process of generating documentation such as purchase orders ~~and payment invoices~~. ~~It is broadly defined as the process of how goods and services are ordered~~.	+

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
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	* Typical tender process for construction projects.		* Typical tender process for construction projects.

−	[[Category:Definitions]] [[Category:Procurement]]	+	[[Category:Definitions]] [[Category:DCN_Definition]] [[Category:Procurement]]

Editor at 17:41, 3 August 2020

2020-08-03T17:41:37Z

← Older revision		Revision as of 17:41, 3 August 2020
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	* Procurement route.		* Procurement route.
	* Procurement strategy.		* Procurement strategy.
		+	* Typical tender process for construction projects.

	[[Category:Definitions]] [[Category:Procurement]]		[[Category:Definitions]] [[Category:Procurement]]

Editor at 17:33, 3 August 2020

2020-08-03T17:33:26Z

← Older revision		Revision as of 17:33, 3 August 2020
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−	[[File:PurchaseOrderSticky.jpg]]	+	[[File:PurchaseOrderSticky.jpg\|link=File:PurchaseOrderSticky.jpg]]

	= Introduction =		= Introduction =
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	= Procurement =		= Procurement =

−	Procurement is the strategic process of purchasing goods or services. This process may include various actions required in order to acquire the goods or services from a third party vendor through various methods while ensuring optimal results. Procurement can include negotiations ~~and~~ strategies.	+	Procurement is the strategic process of purchasing goods or services. This process may include various actions required in order to acquire the goods or services from a third party vendor through various methods while ensuring optimal results. Procurement can include negotiations, strategies and tactics.

	In construction projects, procurement may be a collaborative practice that follows a set sequence of strategic procedures based on a predetermined procurement route. Procurement routes should follow a strategy which fits the long-term objectives of the client's business plan.		In construction projects, procurement may be a collaborative practice that follows a set sequence of strategic procedures based on a predetermined procurement route. Procurement routes should follow a strategy which fits the long-term objectives of the client's business plan.
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	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
		+
		+	* Corporate objectives for procurement.
		+	* Managing the procurement process.
		+	* Procurement route.
		+	* Procurement strategy.

	[[Category:Definitions]] [[Category:Procurement]]		[[Category:Definitions]] [[Category:Procurement]]

Editor: Created page with "File:PurchaseOrderSticky.jpg = Introduction = While procurement and purchasing are two terms that are frequently used interchangeably, there are some differences between ea..."

2020-08-03T17:28:47Z

Created page with "File:PurchaseOrderSticky.jpg = Introduction = While procurement and purchasing are two terms that are frequently used interchangeably, there are some differences between ea..."

New page

[[File:PurchaseOrderSticky.jpg]]

= Introduction =

While procurement and purchasing are two terms that are frequently used interchangeably, there are some differences between each activity.

= Procurement =

Procurement is the strategic process of purchasing goods or services. This process may include various actions required in order to acquire the goods or services from a third party vendor through various methods while ensuring optimal results. Procurement can include negotiations and strategies.

In construction projects, procurement may be a collaborative practice that follows a set sequence of strategic procedures based on a predetermined procurement route. Procurement routes should follow a strategy which fits the long-term objectives of the client's business plan.

= Purchasing =

Purchasing is a more general term also associated with the acquisition of goods or services. However, instead of being a strategic activity, purchasing is associated with short term goals and satisfying the corporation’s objectives.

As a subset of procurement, purchasing is more commonly linked to the actual administrative process of generating documentation such as purchase orders and payment invoices. It is broadly defined as the process of how goods and services are ordered.

= Related articles on Designing Buildings Wiki =

[[Category:Definitions]] [[Category:Procurement]]