Procurement Meaning in Hindi & English
Definition
Procurement means obtaining the goods and services a business needs — from identifying the need and choosing a supplier to ordering, receiving and paying. In Hindi, procurement means खरीद or प्रापण.
| Term | Procurement |
|---|---|
| In Hindi | प्रापण / खरीद |
| Area | Purchase & stores |
| Search phrase | procurement meaning in hindi |
| Try it | P2P cycle |
प्रापण / खरीद — हिंदी में अर्थ
प्रोक्योरमेंट का हिंदी अर्थ है खरीद या प्रापण — यानी व्यवसाय के लिए ज़रूरी सामान और सेवाएँ प्राप्त करना: ज़रूरत पहचानना, सप्लायर चुनना, ऑर्डर देना, माल प्राप्त करना और भुगतान करना।
Procurement process steps
1. Identify the need (requisition). 2. Approve the spend. 3. Find and evaluate suppliers (RFQ, quotations). 4. Negotiate and issue the purchase order. 5. Receive and inspect the goods (GRN). 6. Match the invoice with the PO and GRN. 7. Pay the supplier and record the vendor's performance.
Procurement vs purchasing
Purchasing is the transaction — placing the order and paying for it. Procurement is the wider process around it: deciding what to buy, from whom, on what terms, and managing the supplier relationship. Every purchase is part of procurement, but procurement is more than purchasing.
Example
A factory needs 2 tonnes of MS plate: stores raises a requisition, purchase gets three quotations, issues a PO to the best vendor, stores makes a GRN on arrival, and accounts pays after matching the bill.
Related tools and guides
Frequently asked questions
What is the meaning of procurement in Hindi?
Procurement का हिंदी अर्थ है खरीद या प्रापण — व्यवसाय के लिए सामान और सेवाएँ प्राप्त करने की पूरी प्रक्रिया।
What is procurement in simple words?
Getting the goods and services a business needs, at the right quality, price and time, from the right supplier.
What are the types of procurement?
Direct procurement (raw material and components that go into the product) and indirect procurement (everything else — consumables, services, office supplies).
What is e-procurement?
Running requisitions, RFQs, purchase orders and approvals in software instead of on paper and email.
Related terms
- Bin cardA bin card is a record kept at each storage bin or rack by the storekeeper, showing the quantity of an item received, issued and in balance after every transaction. It records quantities only, not values.
- FSN analysisFSN analysis classifies inventory items as Fast-moving, Slow-moving or Non-moving according to how often and how much they are issued over a period, so that stores can focus replenishment on fast items and clear the rest.
- InventoryInventory is the stock of goods a business holds to make or sell — raw material, work in progress, finished goods and consumables. In Hindi it is माल सूची or भंडार.
- Lead timeLead time is the time from starting a process to finishing it — for purchase, from placing an order to receiving the goods; for a customer, from their order to delivery.
- MOQ (Minimum Order Quantity)MOQ stands for Minimum Order Quantity — the smallest quantity a supplier will accept in one order for an item, set so that its own setup, packing and freight costs are covered.
- RFQ (Request for Quotation)RFQ stands for Request for Quotation — a document a buyer sends to several suppliers asking for their price and terms for specified items and quantities.