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Category

Procurement

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purchasing
Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations.
Call for Bids
business process
procurement
thumb|alt=SAMINO| Classification of product categories into the central procurement strategies Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as government procurement or public procurement. The term "procure" may also refer to a contractual obligation to "procure" something, i.e. to "ensure" that the thing is done.
purchase order
commercial document
acceptance testing
test conducted to determine if the requirements of a specification or contract are met
commercial off-the-shelf product
products that are not heavily customized
e-procurement
E-procurement, also known as electronic procurement and sometimes as supplier exchange, is a collective term used to refer to a range of technologies which can be used to automate the internal and external processes associated with procurement, strategic sourcing, and purchasing.
Purchasing Managers' Index
economic indicator
request for proposal
request made by an agency or company interested in procurement of a commodity or service, asking potential suppliers to submit business proposals
reverse auction
type of auction in which the traditional roles of buyer and seller are reversed
payment terms
notation for repayment terms
materials management
material management supply chain
bill of quantities
document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized
ship chandler
a retail dealer who specialises in supplies or equipment for ships
production part approval process
process used in the aerospace or automotive supply chain
request for information
business process whose purpose is to collect written information about the capabilities of various suppliers
request for quotation
request for a quote to perform work
supplier relationship management
business-supplier relationship concept
initial operating capability
military logistics terms
Prozorro
alt=The official logo of Prozorro|thumb|The official logo of Prozorro thumb|BI analytical module alt=Golden triangle of Partnership|thumb|Golden triangle of Partnership Prozorro (Ukrainian: Прозоро – transparent, clear) is a public electronic procurement system where state and municipal customers announce tenders to purchase goods, works and services, and business representatives compete for the opportunity to become a state supplier.
labor and materials
agreement where the customer will be charged for time and materials used
purchasing management
management of the purchasing process and related aspects in an organization
cost-plus contract
contract involving additional payment to allow for profit
full operating capability
military logistics term
global sourcing
fixed-price contract
type of contract where the payment amount does not depend on actual resources used or time expended