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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Price offer 
A document sent by a supplier to its customer to present a price proposal (response to a call for tenders).

Outsourcing
Outsourcing is the act of outsourcing a service or business.
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