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

All | A B C D E F G H I K L M N O P Q R S T V W
I

Impact
Actual amount lost or gained compared with a budget/estimated scenario.

Incoterm
"International Commercial Terms" refers to the rules and terms applied to international trade. For example: EXW (Ex Works) corresponds to factory price.

Index
Market index.
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