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Purchasing

The functions, processes and department that source material and services, negotiates terms and availability agreements, responds to requests for material by user departments and communicates order status and actual or potential supply disruptions.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Software
  • Category: Supply chain
  • Company:
  • Product:
  • Acronym-Abbreviation:
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