A process following the issue of a purchase order or contract in which the buying organisation manages the progress of the materials from receipt of order by the supplier, through manufacture or picking, despatch and shipping, and through to delivery. A form of indirect supply chain management, expediting is seen as a failure-related activity, but may be essential when there are multiple intermediaries and multimodal transport involved, such as in international trade. See also Muda and Supply Chain Management.« 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.