Procurement duties are the official business activities related to the acquisition of goods and services. This includes the planning, selection, and acquisition of goods and services from external suppliers. It also includes the negotiation of contracts, the management of supplier relationships, and the tracking of goods and services throughout the entire procurement process. Procurement duties also involve the analysis of market trends, the evaluation of suppliers, and the monitoring of supplier performance. Additionally, it involves the management of inventory and the management of contracts. In short, procurement duties involve the entire process of obtaining goods and services from external suppliers, from the initial planning and selection to the final delivery and payment.