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Category management is an approach to the organisation of purchasing within a business organisation, also often referred to as procurement.Applying category management to purchasing activity benefits organisations by providing an approach to reduce the cost of buying goods and services, reduce risk in the supply chain, increase overall value from the supply base and gain access to more ...
LPO may refer to: Lipid peroxidation; LPO-50, a flamethrower built by the Soviet Union; Law practice optimization; Landing Page Optimization; Leading Petty Officer;
MLWN – mean low water neaps; MLWS – mean low water springs; mm – millimetre (SI unit) MM – prefix designating a number in millions (thousand-thousand) MMbod – million barrels of oil per day; MMboe – million barrels of oil equivalent; MMboed – million barrels of oil equivalent per day; MMbpd – million barrels per day
Many industries employ procurement officers, from small companies to global organizations. In a small company, the procurement officer may work singly, but often there is a team that executes the purchasing for an organization. A chief procurement officer working for a multinational corporation might manage a globally-dispersed team.
Although a typical purchase order may not be worded as a contract (in fact most contain little more than a list of the goods or services the buyer desires to purchase, along with price, payment terms, and shipping instructions), the purchase order is a specially regarded instrument regulated by the Uniform Commercial Code or other similar law which establishes a purchase order as a contract by ...
LPO providers in India and in these new frontiers are increasingly utilizing onshore and offshore US and UK-licensed attorneys as part of their outsourcing offering [36] as a means to create greater quality controls, expand into more sophisticated offerings, and instill higher confidence in the ethical treatment of client sensitive data.
LPO – Leading Petty Officer (U.S. Navy) LT – Lieutenant; LTC or Lt Col or LtCol– Lieutenant Colonel (U.S. Army, U.S. Marine Corps, U.S. Air Force) LTG or Lt Gen or LtGen – Lieutenant General (U.S. Army, U.S. Marine Corps, U.S. Air Force) LTJG – Lieutenant, Junior Grade (U.S. Navy) LRIP – Low-Rate Initial Production; LUP – Lying-Up ...
Procurement is the process of locating and agreeing to terms and ... gave rise to a dispute between the parties regarding the meaning of the word "procure ...