Data refers to qualitative or quantitative variables. Data is unstructured information, such as individual order values for a given category. When totalled, the structuring of the data changes the data into information. Data is often viewed as the lowest level of information from which knowledge is then derived. See also Information.« 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.