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Procurement Categories

oboloo Glossary

Procurement Categories

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.

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