Purchasing

  • 4 Posts
  • 1 Sections
  • 1 Types
August 18, 2024 5 min read Dictionary
Institute for Supply Management (ISM)
Business Economics ISM Supply Management Economics Purchasing Nonprofit
A nonprofit organization advancing supply management and purchasing professions.
Read more about Institute for Supply Management (ISM).
August 18, 2024 5 min read Dictionary
Procurement
Business Finance Procurement Purchasing Procurement Process Negotiations Competitive Bidding
Procurement is the strategic process of obtaining goods and services for business needs.
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August 18, 2024 6 min read Dictionary
Quantity Discount
Sales Marketing Discounts Purchasing Pricing Incentives Bulk Buying
A financial term referring to incentives that decrease the cost per unit of goods when purchased in larger quantities, appealing to both buyers and sellers.
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August 18, 2024 6 min read Dictionary
Requisition
Business Processes Procurement Requisition Purchasing Procurement Auditing Inventory Control
A formal request for obtaining products or services in the business world, aiding organization, tracking, and control.
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