Procurement process is a process which will be related to acquisition of the product and services and it is especially for a business purposes so it will be specifically covering entire process from identification of the needs of the goods and services from customers to allocations of suppliers so, these are highly important in business decision making.

The process of procurement will be involving the process of setting up a process and there will be collection of bids and then they are going to select vendors and then they will be negotiating contracts so it is a lengthy process in which there would be a higher degree of skill,which will be required in order to identify the need of goods and services allocation of suppliers