Purchasing 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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Safety Stock
Minimum stock to be used in the event of supply difficulties or production peaks.

Dépense in French, corresponds to volume x price.

Spend bridge
Explain the effects of actual versus budgeted/estimated expenditure.

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