Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

Search the Dictionary of Terms

Search Results: 1-1 of 1 result for “Parts-Per-Million (PPM)”

  • Parts-Per-Million (PPM)

    A measure of quantity that may be used as a quality reference, whereby defective parts must not exceed a specified number of parts per million parts supplied; a ratio of number of failures to number of parts supplied. (ISM, 2000)