Procurement Glossary

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Responsible purchasing
Responsible purchasing refers to purchases made by a company that respects its social and environmental responsibilities.

Purchases
Service that involves purchasing goods and/or services for a company.

Direct purchases
Purchases of components (ingredients, packaging) included in the cost of production. 

Indirect purchases
They contribute to the smooth running of the company (energy).

Buyer
Choice of suppliers, management of pricing conditions, deadlines, etc.

Global buyer
Responsible for one or more product categories (other term: category manager), and responsible for developing the purchasing strategy for these categories (provides guidance to local buyers).

Local buyer
Responsible for purchasing within a factory (multiple categories, one factory) and manages relationships with local suppliers.

AOP (Annual Operations Planning)
BUDGET (detailed projection of all estimated income and expenses)

Procurement
Procurement should be distinguished from purchasing.

Supply Chain Specialist
Order and inventory management

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