Describe the meaning of procurement of material resources. Mention the various stages of procurement cycle. 

Material procurement

Procurement is a term describing the purchasing process for goods and services. In building construction, material procurement is the process by which the materials required to construct a building are selected, ordered, invoiced, paid for and delivered to the site.

A procurement team, or one or more construction buyers may be responsible for procurement activities for products, materials, plant and subcontractors. They typically work for the main contractor to ensure that supplies are provided in accordance with the project programme, specification and budget. For more information see: Construction buyer

Materials will typically be ordered from the supply chain, often from external suppliers with whom the team may have had past successful dealings, or who may be specified in the contract documents.

Procuring materials is a crucial aspect of the construction process as contractors will normally be inundated with requests from suppliers for the provision of goods and services. They must therefore order materials __________ ______ __________ ________ __________ _____ _____.
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