Dictionary of Procurement Terms

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Search Results: 51-60 of 131 results for “D”

  • Deming, W. Edwards

    Most influential quality guru of the last century. Best known for his 14 points summarizing the philosophy of quality management he developed while working with Japan following WWII. (Burt, Dobler, & Starling, 2003)

  • Demobilization

    The effort of a construction contractor in leaving the site after the contract work is completed. See also Mobilization. (Nash et al., 2007)

    See Also: Mobilization

  • Demurrage

    A fee charged by a carrier against a consignee, consignor, or other responsible party to compensate for the detention of the carrier's equipment in excess of allowable free time for loading, unloading, re-consigning, or stopping in transit. The term is also used by suppliers of material delivered in a variety of returnable containers, such as gas cylinders, rail containers, and equipment.

  • Departmental Individual Standing Offer (DISO) Number

    CANADIAN The serial number of a departmental individual standing offer arranged with one or more Suppliers, against which DSS (Department of Supply & Services) only may issue call-ups, upon receipt of funded customer requisition.

  • Dependent Demand

    Derived from or contingent upon the demand for another component or a finished product. Example: The demand for automotive tires is dependent on the demand by the consumer for automobiles. (Schiller, 2000)

  • Depreciation

    1. An accounting term that denotes a loss or decrease in the acquired value over a specified period of time. Usually applies to a loss of value of a fixed asset (capital equipment). 2. The systematic transfer of the cost of a capital expenditure (an asset on the balance sheet) to expense (on the income statement). 3. To diminish in price or value. 4. The consumption of capital in the production process. 5. The wearing out of plant and equipment over a specified time.

  • Depression

    1. A phase of the economic cycle which follows a recession. 2. A drastic decline in the economy that includes high unemployment and wage stagnation. (Schiller, 2000)

  • Descriptive Literature

    Information, such as charts, illustrations, brochures, and technical data, furnished by a bidder, on request as part of a bid, to describe the items offered; shows the characteristics or construction of a product, or explains its operation to determine the acceptability of the item.

  • Design Deficiency

    A condition that prevents a product from being useful, the correction of which would require a design change.

  • Design Specification

    A type of specification that establishes the characteristics an item must possess, including details indicating how it is to be manufactured. May include engineering plans or drawings, and blueprints. It states to the contractor in prescriptive terms what the contractor must provide to the buyer.

    See Also: Performance Specification