Sourcing and Procurement
Glossary
Your trusted guide to exploring sourcing and procurement terms & definitions,
from the world’s leading procurement experts and companies
Waves
In picking, the grouping of ship-to destinations that are picked at the same time.
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Whistle-blower
A person who discloses activity or information which they believe to be illegal, unethical or not in accordance with the organisation’s policies and procedures
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Work Type Analysis
A technique used to break processes down into discrete types of activity that have different propensities to automate.
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Work in progress inventory
Assets that are being used in the production process, which may include raw materials, labour and overheads
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Waybill (or airway bill)
A bill of lading issued by an airline certifying that items carried comply with standards set by the International Air Transport Authority (IATA)
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What's In It For We ("WIIFWe")
A collaborative approach to negotiation that ensures all parties share risk and benefit. It is a "there's enough for all" mindset.
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Wire transfer
A method of transferring funds electronically from one person or entity to another using bank accounts
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Work Entry
The channel or medium by which work enters a business process.
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Work Type Mapping
A technique used to reconstruct processes that will increase automation opportunities and influence associated organization design.
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Workflow
How information flows between different resources, teams or technologies in a business process.
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