Dictionary of Procurement Terms

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Search Results: 1-10 of 80 results for “T”

  • T & C


    See Also: Terms and Conditions (T’s and C’s)

  • T & M


    See Also: Time and Materials Contract (T & M)

  • Tabulation of Bids/Responses

    The recording of responses to solicitations for the purposes of comparison, analysis, and record keeping.

  • Tactical Planning

    Short–range plans, usually less than one year, designed to implement the activities and objectives specified in the strategic plan. (Ferrell & Hirt, 2002)

  • Taguchi Method

    The pioneering techniques of quality control developed by Genichi Taguchi, which focus on improving the quality of a product or process at the design stage rather than after manufacturing or delivery. (Business, 2002)

  • Taguchi, Genechi

    Served as the director of the Japanese Academy of Quality and is a four-time recipient of the Deming Prize. Believed that poor design resulted in poor quality. (Business, 2002)

    See Also: Six Sigma

  • Tare Weight

    The weight of the packaging material used to wrap or protect the actual required item being shipped. (American Purchasing Society)

  • Target Market

    A specific group of consumers on whose needs and wants a company focuses its marketing efforts. (Ferrell & Hirt, 2002)

  • Tariff

    1. A schedule containing the rate, rules, and regulations under which transportation carriers handle the shipment of goods. 2. A tax imposed on imported goods. (Ferrell & Hirt, 2002)

  • Task Order Contract


    See Also: Delivery Order Contract