Procurement Function of HRM
HRM Functions
In Human Resource Management & personnel management there are two types of functions:- Operative Functions
- Managerial Functions
Meaning of Procurement in Human Resource:
Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.
Procurement Function of Personnel Management
Procurement is first operational function of Human resource or personnel management. Procurement is subjected to procuring and employing people who fits the position and have necessary skill set, mindset, attitude and knowledge.
Procurement Functions
- Job analysis
- Manpower planning
- Recruitment
- Selection
- Placement
- Induction
- Internal mobility