A discount given by a seller to a buyer based upon the economies of scale of a larger order. Leverage and aggregation are predicated on the assumption that as the volume purchased increases, the price will fall. See also Price.« 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.