Procurement Categories Definition
There are four main types of procurement categories:
1. Goods and services: This category includes anything that can be physically procured, such as office supplies, equipment, or furniture.
2. Construction: This category covers any type of building or renovations, whether it be for a commercial office space or a residential home.
3. Professional services: This encompasses any type of service that requires specialized skills or knowledge, such as IT support, marketing consulting, or financial advising.
4. Commodities: This refers to any type of raw materials or finished products that are bought and sold on the open market, such as oil, gold, wheat, or pork bellies.
