Performance-based contracting and Procurement

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Performance-based contracting and Procurement

Performance-based contracting vs. Procurement

Performance based contracting (PBC), also known as performance-based logistics (PBL) or performance-based acquisition, is a product support strategy used to achieve measurable supplier performance. 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.

Similarities between Performance-based contracting and Procurement

Performance-based contracting and Procurement have 2 things in common (in Unionpedia): Maintenance (technical), Total cost of ownership.

Maintenance (technical)

The technical meaning of maintenance involves operational and functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure, and supporting utilities in industrial, business, governmental, and residential installations.

Maintenance (technical) and Performance-based contracting · Maintenance (technical) and Procurement · See more »

Total cost of ownership

Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or system.

Performance-based contracting and Total cost of ownership · Procurement and Total cost of ownership · See more »

The list above answers the following questions

What Performance-based contracting and Procurement have in common
What are the similarities between Performance-based contracting and Procurement

Performance-based contracting and Procurement Comparison

Performance-based contracting has 30 relations, while Procurement has 55. As they have in common 2, the Jaccard index is 2.35% = 2 / (30 + 55).

References

This article shows the relationship between Performance-based contracting and Procurement. To access each article from which the information was extracted, please visit:

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