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 “Procurement Profile”

  • Procurement Profile

    The result produced after conducting a series of various analyses on the procurement expenditures of an organization, the range of commodities and services acquired through purchasing (spend analysis), the markets that provide them (market analysis), the level of influence of the suppliers and the entity in the marketplace, and the risks inherent in the market that could affect the entity’s operations (supply positioning).

    See Also: Market Analysis, Spend Analysis, Supply Positioning