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Sourcing and Procurement 
Glossary

Your trusted guide to exploring sourcing and procurement terms & definitions,
from the world’s leading procurement experts and companies

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TABULATION OF RESPONSES

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

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TCE

See Transaction Cost Economics.

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Tactical Automation

Relatively small, low to medium complexity process automation projects.

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Tall structure

Also known as a hierarchical structure and based on a pyramid – every staff member has somebody to report to

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Tare Weight

The weight of the packaging material used to wrap or protect the actual required material being shipped.

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Tariff

A system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves.

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TARGETED GROUP BUSINESS (TG)

A certified business designated by the commissioner of Administration that is majority owned and operated by a woman, person with disabilities, or a member of a specific minority group who provides goods, products, or services within purchasing categories designated by the commissioner.

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TCO

See Total Cost of Ownership.

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Tactical Procurement (i.e. Transactional Procurement)

Required for all supplier relationships, and can describe the transactional aspect associated with managing a supplier relationship - includes change orders, expediting, etc.; Non strategic (no sourcing team) relationship management.

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Tangible

Something you can physically see or touch

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Target audience

People or organisations at which products such as a film, advertisement or website is aimed

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Tasks

Steps taken to perform an activity or activities (open mail, data entry, etc.). For example: a warehouse person "My job is warehouse Foreman. I spend about 20% of my time on X commodity in question. My major activities are receiving, stocking, picking orders, processing returns, and handling customer complaints. My tasks include, inputting receivers into systems, driving a forklift, packing statements, addressing boxes, etc. "

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