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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K

Key Performance Indicator (KPI)
Performance indicators, also known as KPIs (Key Performance Indicators), can be defined as a means of measuring results against defined objectives.
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