Purchasing & Accounts Payable Glossary
There are currently 3 Glossaries in this directory beginning with the letter M.
Material Procurement
Material procurement is the process of sourcing, purchasing, and managing raw materials or finished goods required for production or operations.
Read More
Maverick Spend
Maverick Spend, also known as rogue or uncontrolled spend, is a term used in procurement to describe spending that happens outside of established procurement policies and procedures.
Read More
MRO Procurement
MRO procurement refers to the acquisition of materials, spare parts, and services required for the maintenance and repair of machinery, equipment, and facilities.
Read More