A grouping of related goods or services based on similar characteristics. For example, packaging as a category may include a variety of different goods and materials, all of which share a common purpose. Each category may be further divided into sub-categories based on physical characteristics, such as plastic packaging, or cardboard packaging. Categories are often part of a hierarchy of classification, sometimes called taxonomy, though one of the most widely used, the UNSPSC does not use the term category. See also UNSPSC.« 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.