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Glossary
Procurement glossary
Short, precise definitions for procurement terminology — each one links to where you can go deeper.
3-Way Matching
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Dutch Auction
→
Goods Receipt Note (GRN)
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Procure-to-Pay (P2P)
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Purchase Order (PO)
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Purchase Requisition
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Reverse Auction
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RFI (Request for Information)
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RFP (Request for Proposal)
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RFQ (Request for Quotation)
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Source-to-Pay (S2P)
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Yankee Auction
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