Practical sheet | REF: FIC0426 V1

Innovative Purchasing

Author: Olaf DE HEMMER

Publication date: September 10, 2011 | Lire en français

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    8. Abbreviations and acronyms

    ERP: Enterprise Resources Planning

    CSR: corporate social responsibility

    LCC: Low Cost Countries

    PSP: Procurement Service Providers

    BPO: Business Procurement Outsourcing

    DTC: Design To Cost

    DTX: Design To X = deadlines, quality, innovation, risks

    BRIC: Brazil, Russia, India and China

    BCC: Best Cost Countries

    IPO: International Purchasing Offices

    SWOT: Strengths / Weaknesses / Opportunities / Threats

    P2P: Purchase to Pay

    RFX : RFI – Request For Information, RFP – RF Proposals, RFQ – RF Quotations

    SRM: Supplier Relationship Management

    CRM: Customer...

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