The glossary for Procurement

2/10 Net

3PL

4PL

5 Why

8D Report

8D-Containment

A-supplier

ABC analysis

ABC-XYZ analysis

ABC/XYZ classification cycle

ADR

AEO

AEO status

APQP

Process organization

Acceptance criteria

Purchase obligation

Call-off order

Payment on account

Prohibition of assignment

Deviation approval

Deviation analysis

Variance workflow quantity

Variance workflow Price

Settlement process

Advance Shipping Notice (ASN)

Agile procurement

Air Waybill (AWB)

Letter of credit business

Alloy Surcharge

Alternative procurement

Amendment

Catalog of requirements

Requirements management

Request for quotation

Offer review

Offer evaluation levels

Offer opening

System/service order

Delivery concepts

Delivery quality

Incentive models for innovation

Down payment

Approval Workflow procurement

Approved Vendor List (AVL)

Attribute maintenance material master

Audit score supplier

Audit checklist

Audit plan

Supplier audit program

Audit law

Order processing

Order prioritization

Tender management

Tendering strategy

Tender procedure

Automatic disposition

Automatic account allocation

Automatic spend classification

Automatic contract renewal

Degree of automation Invoice

Available to Promise (ATP)

Change management

BIC/SWIFT

Backorder rate

Backorder quota

Bank Guarantee

Bank guarantee/surety

Needs analysis

Requisition (BANF)

Confirmation of requirements

Demand pooling

Determination of requirements

Notification of requirements

Requirements planning

Requirement specification

Load display

Benchmarking in procurement

Benchmarking clause

Procurement controlling

Procurement logistics

Procurement marketing

Procurement policy

Procurement strategy

Procurement targets

Best and Final Offer (BAFO)

Inventory analysis

Inventory management

Inventory optimization

Inventory range

Order triggering

Order confirmation obligation

Order release

Order history

Order costs

Order management

Procurement order commitment

Ordering policy

Order process optimization

Order point procedure

Order rate per catalog

Order cancellation

order

Order suggestion

Stockpiling strategy

Evaluation criteria

Bid Matrix

Bidder questions

Bidding consortium

Bidder discussion

Bidder information

Bidder communication

Bidder complaint

Binding period

Binding Offer

Blanket Order

Credit check

Bonus agreement

Bottleneck analysis

Bow-tie analysis

Budgeting

Business Continuity Plan (BCP)

Procurement business plan

Bundling lever

CBAM

CFR

CIF

CIP

CMR consignment note

CO2 price

CO2e

CPT

Capable to Promise (CTP)

Capacity Planning

Carnet (ATA)

Carrier Performance

Cash-to-cash cycle

Cash flow effect of payment terms

Catalog Buying

Catalog Compliance

Category Charter

Category Governance

Category Intelligence

Category Playbook

Category Vision

Certificate of Analysis

Certificate of Conformity

Change Order

Change of Control

Change order clause

Claim management

Clarification Round

Clean sheet calculation

Co-creation with suppliers

Co-Development

Commercial Invoice

Commodity Index

Commodity Strategy

Compliance Procurement

Confidentiality

Conflict Minerals

D-U-N-S Number (DUNS)

DAP

DDP

DPO effect simulation

DPU

DUNS number

Data Lake

Data Quality KPIs

Data Quality Score

Data Steward

Data analysis in procurement

Data cleansing

Data catalog

Data control

Data model

Procurement data model

Data owner

Data quality

Data quality report

Days Inventory Outstanding (DIO)

Days Payable Outstanding (DPO)

Days Sales Outstanding (DSO)

Decarbonization of the supply chain

Delegation of Authority

Delivery Performance

Delivery Schedule Agreement

Demand aggregation

Demand Planning

Demand Sensing

Demurrage

Design Freeze

Design Sprint

Design-to-Cost

Design-to-Value

Detention

Service contract

Digital Supply Chain

Digital procurement

Digital contract management

Direct delivery

Direct award

Disaster Recovery (DR)

Disposition in procurement

Disposition parameter maintenance

Dock Appointment

Dock-to-Stock

Document review

Dual sourcing

Dual Use Goods

Dual-source management

Dual sourcing quota

Duplicate detection

Duplicate check

Duplicate score

Due diligence

Lead time

Lead time BANF-PO

Average stock level

Dynamic Discounting

Dynamic safety stock

Dynamic cash discount

E-Auction

E-auction preparation

E-Procurement

E-procurement in procurement

E-Sourcing

ECLASS

EDI

EMS

ERP integration

ESG Risk Rating

Procurement ETL process

EU taxonomy

EUDR in procurement

EUR.1 Proof of preference

EXW

Early Payment Program

Early Supplier Involvement

EcoVadis Rating

Economic Order Quantity (EOQ)

In-house production depth

Retention of title

Suitability criteria

Suitability test

Express order

Retention

Incoming invoice

Unit and currency master data

Terms and conditions of purchase

Procurement budget

Procurement controlling

Procurement manual

Procurement levers

Key procurement figures

Procurement cooperation

Purchasing mission statement

Purchasing guide

Procurement optimization

Procurement organization

Procurement planning

FAS

FCA

FMEA

FOB

FSC/PEFC certificate

Technical audit

Factoring

Factoring in procurement

Feasibility Review Supplier

Error rate invoice

Missing parts management

Detailed planning of purchasing capacities

Fill rate

First Article Inspection (FAI)

First Pass Yield (FPY)

Force Majeure

Forecast Accuracy

Forecast Management

Forecast error

Forfaiting

Mold procurement

Forwards & Swaps

Freight cost break-down

Freight cost management

Freight surcharge

Tender questionnaire

Freeze Fence

Release workflow

Procurement release limits

Freight Audit

Freight Surcharge

Free text order

Outsourcing

Outsourcing analysis

Early warning indicators

Functional costing

GR/IR Clearing

GRI Standards

Gage R&R

Guarantee agreement

Container sizes

Dangerous goods management

Geopolitical risk

Total cost of ownership

Total cost accounting

Terms and conditions

Warranty claims

Global Location Number (GLN)

Global Sourcing

Golden Record

Governance in category management

Governing Law

Guided buying rules

Credit note

Credit note procedure (ERS)

Annual call-off

Annual meeting

Joint Business Plan (JBP)

Joint Development Manufacturing (JDM)

Jurisdiction Clause

Just-in-time

AI in procurement

KYC in Procurement

Kanban

Kanban system

Supplier capacity leveling

Capacity planning

Supplier capacity risk

Capital commitment period

Catalog content management

Catalog management

Catalog quota

Catalog structure

Catalog management

Child labor risk assessment

Classification rate

Small order process

Small series production

Procurement competence matrix

Complexity reduction

Conditions management

Declaration of conformity

Bill of lading

Consignment warehouse

Consignment agreement

Account assignment

Account statement reconciliation (AP)

Cost-benefit analysis

Mark-up calculation

Procurement cost center reporting

Cost driver analysis

Kraljic matrix

Supplier credit limit

Accounts payable onboarding

Vendor master record system

Accounts payable term optimization

Vendor master data

Circular economy

Crisis communication suppliers

Crisis team

Critical materials

Notice period

Right of termination for good cause

Loading equipment management

Stock issue analysis

Warehouse key figures

Long-term supplier's declaration (LLE)

Specifications

Layered Process Audit (LPA)

Lead Time

Lean Procurement

Life cycle costing

Service description

Proof of performance

List of services

Lessons Learned

Letter of Credit

Delivery call-off

Delivery call-off fidelity

Change delivery schedules

Call-off contract

Supplier ESG improvement plan

Supplier score

Supplier acquisition

Supplier start-up management

Supplier audit

Supplier default risk

Supplier selection

Supplier database check

Supplier base

Supplier benchmark

Supplier visit

Supplier evaluation

Supplier evaluation criteria

Supplier relationship management

Supplier credit check

Supplier development

Supplier development workshop

Supplier development concept

Supplier declaration

Supplier escalation

Supplier financial risk

Supplier approval

Supplier meeting

Supplier identifier

Supplier integration

Annual supplier meeting

Supplier capacity check

Supplier classification

Supplier consolidation

Supplier landscape analysis

Supplier performance evaluation

Supplier management

Supplier network

Supplier Portal

Supplier portfolio

Supplier qualification

Supplier quality target

Supplier rating

Supplier rating model

Supplier risk

Supplier segmentation

Supplier self-disclosure

Supplier master data maintenance

Supplier location risk

Supplier status

Supplier strategy

Supplier relocation

Change of supplier

Supplier certificate

Shipping notification processing (ASN)

Delivery capability

Supply chain resilience

Supply Chain Act

Supply Chain Due Diligence Act

Delivery reminder

Delivery schedule

Delivery schedule tolerance bands

Delivery schedule call-off

Optimize scheduling agreement call-offs

Delivery service level

Delivery date tracking

Delivery date commitments

Delivery time

Delivery time variance

Life Cycle Assessment (LCA)

Limitation of Liability

Line Stop

Liquidated Damages

Logistics costs

Subcontracting

Contract manufacturing

Localization

Lot allocation

Lot formation

Lot size according to Andler

Lot size optimization

Lot number

Low-cost country sourcing

Air freight cost components

Country risk in Procurement

MSA

Maengelrüge

PO Cycle Time

PO Order

PO Policy

PO-Flip

PPAP

PPM target supplier

Packing List

Palletizing

Parameter maintenance (MRP)

Parent Company Guarantee

Parts per million (PPM)

Payment Run

Payment Term Adherence

Payment Terms

Penalty Clause

Performance Bond

Specifications

Mandatory fields

Pilot Run

Pilot project with suppliers

Plan/actual comparison of existing portfolio

Planning time window

Pooling

Portfolio analysis procurement

Pre-Qualification

Preferred Carrier

Preferred Supplier

Preferred Supplier Program

Preferred Supplier Policy

Price and condition maintenance

Price inquiry quick process

Price deviation from the order

Price variance workflow

RFQ

Price adjustment clause

Price range/price corridor

Pricing

Price sheet

Price escalation clause

Price form

Price formula

Price escalation clause

Price index

Price index linkage

Price indexation

Price revision clause

Price negotiation in the award procedure

Price negotiation techniques

Price volatility commodities

Price change clause

Procure-to-Pay (P2P)

Product Carbon Footprint (PCF)

Product Environmental Footprint (PEF)

Product liability clause

Production control

Product costing

Product life cycle management

Project procurement

Promotion Planning

Proof of concept procurement

Procurement of prototypes

Process capability

Litigation costs

Activity-based costing

Process optimization in procurement

Preference calculation

Test instruction

Test equipment management

Buffer store

Punchout

Purchase Price Variance (PPV)

Purchase-to-Pay

Quality (PPM)

Quality Gates

Quality audits

Cost of quality (COPQ)

Quality management in procurement

Quality inspection

Quality assurance agreement

Quality agreement

Quarterly Business Review (QBR)

REACH

RFX in procurement

ROI in procurement

RTO Supplier

Discount scale check

Framework agreement

Frame call-off

Frame order

Master delivery schedule

Framework supply agreement

Framework agreements in procurement

Framework agreement

Framework agreement annex

Framework contract maintenance

Ramp-down management

Ramp-Up

Ramp-up management

Raw Material Surcharge

Rebate

Invoice clearing

Invoice approval workflow

Recyclability assessment

Recycling rate

Reference data

Complaint evaluation

Complaints management

Complaint report

Complaint rate

Reorder Point

Replenishment

Reputational risk in procurement

Requalification

Request for Information (RFI)

Request for Proposal (RFP)

Request for Quote (RFQ)

Requisition Cycle Time

Reshoring

Restricted Substances List (RSL)

Returns process

Return on investment

Reverse Auction

Reverse factoring

Procurement compliance

Right to Audit

Risk analysis

Risk diversification

Risk classes

Risk Management

Risk matrix

Risk policy

Risk register

Risk Heatmap

Risk Mitigation Plan

RoHS

Commodity escalator clause

Commodity indexation

Roles in Procurement (RACI)

Rollout management

Rough Cut Capacity Planning (RCCP)

Run at Rate

Return delivery

S&OE

S&OP Cycle

SBTi targets

SPC

Material audit

Safe Launch

Safety Stock Calculation

Sales Forecast

Sales and Operations Planning

Sanctions list check

Sanction screening of suppliers

Savings types

Savings Forecast

Savings Leakage

Savings Pipeline

Savings Realized

Schedule Adherence

Science Based Targets

Scope 1 emissions

Scope 2 emissions

Scope 3 emissions

Scoring model

Second Source Threshold

Second life use

Sea freight cost components

Self-billing

Series start-up (SOP)

Series release

Series release process

Service Credits (SLA)

Service Level Agreement (SLA)

Service level

Service level target per Category

Service level target

Set-Off

Should-Cost Library

Should-Costing

Safety stock

VAT ID check

Variant management

Vendor Managed Inventory (VMI)

Vendor onboarding

Consumption-controlled disposition

Consumption forecast

Award file

Award decision

Awarding level

Award guidelines

Contract award notice

Award schedule

Negotiation management

Negotiation protocol

Negotiation round

Negotiation techniques

Negotiated procedure

Packaging management

Packaging reduction

Packaging instructions

Security of supply

Vertical integration

Contract term

Contract Management

Contract negotiation

Confidentiality level

Customs clearance

Four-eyes principle (P2P)

Volume Rebate

Volume commitment

Prepayment

WEEE

Incoming goods

Incoming goods with QA inspection

Goods receipt document (GRN)

Goods receipt throughput time

Incoming goods inspection plan

Incoming goods inspection

Incoming goods inspection AQL sample

The glossary for Procurement

Strengthening

Procurement

together