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Procurement glossary: Operational procurement

165 terms on Operational procurement.

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Annual call-offLieferabruf · Call-off · Annual call-offThe annual call-off is a binding or informative demand notification by which a buyer communicates to its supplier the expected requirement for a year, distribut
Approval limits in procurementFreigabelimit Einkauf · Zeichnungsgrenze · Bestellfreigabe-LimitApproval limits in procurement define the order value or commitment volume up to which individual buyers, team leaders or executives may independently place ord
Approval WorkflowFreigabeprozess · Genehmigungsworkflow · Approval WorkflowThe approval workflow is a defined process in which purchase orders, contracts or technical documents are reviewed and approved in sequence by the responsible p

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Invoice clearingInvoice Clearing · Invoice Matching · Invoice VerificationInvoice clearing refers to the systematic checking, matching and resolution of incoming invoices against purchase order and delivery evidence before release for

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Non-Binding Offernon-binding offer · subject to contract · Indicative OfferThe Non-Binding Offer is a non-binding offer that states price, quantity and delivery terms without legal effect. In industrial procurement, it serves primarily

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Quantity deviation workflowMengenabweichungsprozess · Quantity Deviation Workflow · Quantity Difference ManagementThe quantity deviation workflow describes the rules-based process by which companies identify, assess and resolve situations where a delivered or reported quant

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Tender QuestionnaireSupplier questionnaire · Vendor questionnaire · RFI questionnaireA tender questionnaire is a structured list of questions with which buyers, before or during a request, collect all information relevant to evaluation from supp

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Unit of measure and currency master dataUoM master data · Currency Master Data · Units of MeasureUnit of measure and currency master data encompass the centrally maintained definitions of quantity units, conversion factors, currencies and exchange rates in

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Workflow organisationProcess organization · Workflow organizationWorkflow organisation describes the temporal and logistical arrangement of work processes within a company, in particular determining who completes which tasks

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Zero-series procurementzero series · pre-series · pre-series procurementZero-series procurement covers the procurement of materials, parts and components for the zero series, i.e. the final trial stage before a product enters series

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