Costs of goods sold [COGS] is an accounting concept describing those costs related to buying or making goods for resale by the business. COGS usually includes costs of materials, labour and allocated overhead.
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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 consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
