Procurement functions refer to the processes and activities related to the acquisition of goods and services for business operations. It encompasses a wide range of activities, from the initial need-assessment and supplier selection to final delivery and payment. The purpose of procurement is to ensure the organization obtains the goods and services needed in line with their established quality standards and at the best possible prices. The official business definition of procurement functions is the set of processes and activities related to the purchase and supply of materials, products, and services to meet organizational needs. It covers a variety of activities such as research, source evaluation, contract management, supplier selection, and payment. Additionally, the process should ensure that the right products and services are purchased at the right time, at the right price, and from the right supplier. The procurement process should also be conducted in a fair, transparent, and efficient manner in