Alternative dispute resolution [ADR] includes a range of alternatives to litigation for resolving disputes between commercial entities. The popularity of the practice has grown as the time and cost required to bring cases to court has increased and the probability of a satisfactory outcome has become less predictable. Examples of alternative dispute resolution include negotiation, mediation, conciliation and arbitration. See also Arbitration and Negotiation.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.