Utilisation is a measure of efficiency, expressing the actual usage of a resource as a percentage of the total available capacity. When providing services, many suppliers calculate the utilisation rate of their staff by expressing the number of billable hours as a percentage of the total available hours.« 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.