Which of the following is NOT one of the six different types of procurement?

Operational purchases is not considered one of the six different types of procurement. The primary categories of procurement generally recognized include capital purchases, service purchases, direct purchases, indirect purchases, governmental purchases, and strategic purchases.

Capital purchases refer to acquiring long-term assets that will be used by the organization, while service purchases relate to acquiring intangible products like consulting or maintenance services. Direct purchases involve acquiring goods that are used directly in production or operations.

Operational purchases, however, are often seen as a subset of other categories rather than a standalone type. They typically encompass the buying of goods and services necessary for an organization’s routine operations, which falls under various categories depending on the nature of what is being procured. This distinction is important in understanding the broader framework of procurement types.