Procurement of materials and equipment in a construction company involves the process of sourcing, purchasing, and managing the necessary resources required for a construction project. This includes identifying the required materials and equipment, obtaining quotes from suppliers, negotiating contracts, placing orders, managing inventory, and ensuring timely delivery to the construction site. Effective procurement practices aim to secure high-quality materials and equipment at competitive prices while adhering to project timelines and budget constraints. This ensures the smooth progression of construction activities and contributes to the overall success of the project.