A sampling of a proportion of performances or deliveries in order to reach a decision about acceptance of the total. For example, a 50% sampling frequency would involve testing one in two of every performance, or delivery. The sampling frequency would normally be varied in line with the risk.« Back to Glossary Index
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 consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.