A supply chain refers to the organisations that participate in the flow of products, services, finances and information from a source to a customer. The organisations share linkages such as being customer and supplier. The concept of a chain is based on the principle that the participants’ business success depends in part upon the performance of the supply chain as a whole that may promote a more cooperative mindset.
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.