Procurement refers to the process of sourcing and acquiring goods, services, or materials required for business operations. In supply chain management, procurement involves identifying suppliers, negotiating contracts, and ensuring the timely delivery of resources. The procurement process plays a critical role in maintaining cost efficiency, quality standards, and supply chain continuity. For businesses, effective procurement strategies help build strong supplier relationships and reduce risks. The definition of procurement highlights its importance in logistics and operations, ensuring that companies have the necessary resources to meet production demands, support growth, and maintain a competitive edge in the market.