What Does PR Stand For?
PR stands for Procurement Requisition
PR, or Procurement Requisition, is a formal request initiated by an employee or department to acquire goods or services necessary for the organization's operations. This process involves specifying the required items, justifying the need, and obtaining necessary approvals to ensure compliance with budgetary and policy guidelines. PRs streamline purchasing activities and enhance accountability in procurement practices.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym