Historically, suppliers would issue an ‘order acknowledgement’ to advise the buyer that a purchase order had been received. The order acknowledgement can become part of the ‘battle of the forms’. The practice of issuing order acknowledgements has declined in some sectors, as individual transactions occur within a broader business framework, such as an over-arching contractual agreement. See also Battle of the Forms.« 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.