Purchasing glossary

Glossary

Are you unfamiliar with all the terms, acronyms and expressions used in the world of purchasing?

Our Purchasing Glossary has been designed to simplify the sometimes complex terms used in the world of purchasing, making it easier to understand this technical language.

In this glossary you will find :

💡 Clear, precise definitions

💡 In-depth explanations for optimum understanding.

💡 Frequent updates to stay ahead of the curve.

Purchasing glossary

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D

DDP
Delivered Duty Paid.

Delay Payment Outstanding (DPO)
Payment terms with a supplier (DPF in French).

Delivery Lead Time (DLT)
Time required to deliver a product or perform a service. 

Delivery On Time (DOT)
Indicator that measures the rate of deliveries within the hour.

Purchasing Manager 
Purchasing function within the management committee. He defines (in collaboration with the global buyers) the company's purchasing policy and ensures that it is implemented.
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