#SUMMARY.TUE 08102019. LEAN PROCUREMENT LEAN PROCUREMENT Lean procurement is becoming a strategy method for gaining competitive advantage and even for survival, not just for manufacturers, but also for service companies since adding value and removing waste is no longer an option for companies. Procurement is the acquisition of goods or services. It is important that the goods/services are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location. Purchasing is any activity for which the organization receives an invoice from an outside party while procurement includes all activities in order to get the product from the vendor to its final destination (Van Weele, 2009). Methodology: This procurement methodology empowers multiple levels of the organization to help attain its goals (such as project-based procurement). It can yield significant results. Based on several case