When a truck transports a load from A to B, the trucking company will seek a commercial load for the return journey from B to A. This is known as the backhaul and underpins competitive pricing. The term is also used in IT to describe the transmission of data from point to point, for example from undersea cables to exchanges.« 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.