Purchasing & Accounts Payable Glossary
There are currently 4 Glossaries in this directory beginning with the letter R.
Request For Quotation
A Request for Quotation or quote is the process of requesting a vendor to quote the price for a product or service that you are looking to purchase.
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Requisition Management
Requisition management, in simple terms, is the process of managing requests for the purchase of goods or services within an organization.
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Resilient Supply Chain
A resilient supply chain is characterized by its ability to adapt to unforeseen disruptions, whether they arise from natural disasters, geopolitical tensions, or economic shifts.
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Risk Management In Procurement
Risk management in procurement is a critical aspect of any business operation that involves the sourcing and purchasing of goods and services.
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