Money
Procurement
The process, and usually the team, that buys goods and services for an organisation: choosing suppliers, negotiating and managing contracts.
You'll hear it as
Procurement needs three quotes before we can choose a supplier.
Why it matters to you.
In large organisations, procurement can add weeks or months to buying anything. Involve them early.
Videos.
No video mentions Procurement by name yet. These are on the same topic, Business & startups.