The procurement statement of work documents the portion of work to be purchased in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.
What is procurement?
Procurement can be defined as a terminology that is used to connote the purchase of raw materials, items or resources from suppliers, which are used by business firms for the manufacturing of other finished goods and services.
Basically, the procurement statement of work is typically used to document the portion of work to be purchased by an entrepreneur or business firm in enough detail, so as to help potential suppliers decide whether they're interested and capable of providing it.
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