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33 relations: Accounting, Accounts payable, Asset, Business, Capital expenditure, Chartered Institute of Procurement & Supply, Ecoleasing, Expediting, Expense, Finance, FOB (shipping), Goods, Group purchasing organization, Interest, Inventory, Lead time, Logistics, Material requirements planning, Mergers and acquisitions, Military acquisition, Organization, Procurement, Purchase discount, Purchase order, Purchasing card, Purchasing process, Receipt, Request for tender, Research and development, Service (economics), Strategic sourcing, Supply chain management, Total cost of acquisition.
Accounting
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations.
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Accounts payable
Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet.
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Asset
In financial accounting, an asset is an economic resource.
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Business
Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).
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Capital expenditure
Capital expenditure or capital expense (capex) is the money a company spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land.
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Chartered Institute of Procurement & Supply
The Chartered Institute of Procurement & Supply (CIPS), until 8 October 2014 the "Chartered Institute of Purchasing and Supply", is a United Kingdom-based global professional body working for the purchasing and supply professions.
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Ecoleasing
Ecoleasing is a system in which goods (mainly from the technical cycle, i.e. appliances,...) are rented to a client for a certain period of time after which he returns the goods so the company that made it can recycle the materials.
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Expediting
Expediting is a concept in purchasing and project management for securing the quality and timely delivery of goods and components.
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Expense
In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs.
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Finance
Finance is a field that is concerned with the allocation (investment) of assets and liabilities (known as elements of the balance statement) over space and time, often under conditions of risk or uncertainty.
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FOB (shipping)
FOB, "Free On Board", is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms 2010 standard published by the International Chamber of Commerce.
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Goods
In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.
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Group purchasing organization
In the United States, a group purchasing organization (GPO) is an entity that is created to leverage the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members.
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Interest
Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e., the amount borrowed), at a particular rate.
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Inventory
Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair).
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Lead time
A lead time is the latency between the initiation and execution of a process.
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Logistics
Logistics is generally the detailed organization and implementation of a complex operation.
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Material requirements planning
Material requirements planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes.
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Mergers and acquisitions
Mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities.
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Military acquisition
Military acquisition is the bureaucratic management and procurement process dealing with a nation's investments in the technologies, programs, and product support necessary to achieve its national security strategy and support its armed forces.
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Organization
An organization or organisation is an entity comprising multiple people, such as an institution or an association, that has a collective goal and is linked to an external environment.
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Procurement
Procurement is the process of finding, agreeing terms and acquiring goods, services or works from an external source, often via a tendering or competitive bidding process.
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Purchase discount
Purchase discount is an offer from the supplier to the purchaser, to reduce the payment amount if the payment is made within a certain period of time.
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Purchase order
A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
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Purchasing card
A purchasing card (also abbreviated as PCard or P-Card) is a form of company charge card that allows goods and services to be procured without using a traditional purchasing process.
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Purchasing process
Purchasing is the formal process of buying goods and services.
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Receipt
A receipt (also known as a bill of parcel, unpacking note, packaging slip, (delivery) docket, shipping list, packing list, packing slip, delivery list, manifest or customer receipt), is a document acknowledging that a person has received money or property in payment following a sale or other transfer of goods or provision of a service.
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Request for tender
A request for tenders (RFT) is a formal, structured invitation to suppliers to submit a bid to supply products or services.
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Research and development
Research and development (R&D, R+D, or R'n'D), also known in Europe as research and technological development (RTD), refers to innovative activities undertaken by corporations or governments in developing new services or products, or improving existing services or products.
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Service (economics)
In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.
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Strategic sourcing
Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company.
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Supply chain management
In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.
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Total cost of acquisition
Total cost of acquisition (TCA) is a managerial accounting concept that includes all the costs associated with buying goods, services, or assets.
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References
[1] https://en.wikipedia.org/wiki/Purchasing
