Remedy 

In business, procurement is the process of acquiring goods or services. The term is derived from the Latin word procurare, which means to obtain or to get.

Procurement generally refers to the process of acquiring goods or services from an external source. It is a strategic process that involves sourcing, negotiation, and contract management. In many organizations, procurement is a department that is responsible for sourcing and managing contracts with suppliers.

The main objectives of procurement are to ensure that the organization obtains the required goods and services at the best possible price and terms, and that the procurement process is conducted in a fair and transparent manner.