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
T
Dashboard (TB)
A performance monitoring and management tool that provides a global view of the company's activity (grouping of KPIs).
Purchasing coverage rate
Percentage of coverage in relation to production needs (e.g.: I need 1000 tons, I have contracted 800 tons, I am 80% covered, there is still 20% to cover).
