Sourcing and Procurement
Glossary
Your trusted guide to exploring sourcing and procurement terms & definitions,
from the world’s leading procurement experts and companies
Call-off schedule
A schedule produced to state what amounts of products are to be delivered when
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Capacity Management
Manging the scheduling of processes within an automation platform with the aim of achieving better utilisation across technology licenses.
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Capital Equipment
Assets listed on an organization%u2019s accounting records that have value and are durable.
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Capital Market
The market for long-term securities, including the stock market and the bond market.
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Capital costs
Large, fixed, one-off expenses incurred in getting a business or process operational
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Captive
An offshore location that is operated and staffed by the company that is having the work done for themselves offshore.
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Capability
The type of work that a particular technology can undertake.
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Capital
The amount of money or assets available to be leveraged by a person or organisation, e.g., when starting a company, or buying an asset such as machinery
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Capital Expenditure (Capex)
A business expense incurred to create future benefit, such as an acquisition of assets that will have a useful life beyond the tax year. Capex are usually very big sums.
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Capital Procurement
Capital procurement is the process of acquiring and managing capital goods and services necessary to complete a capital project. Capital goods are man-made goods used to produce other products for consumption. Capital goods include factories, machinery, tools and equipment. Capital projects, depending on the industry, are typically large investments.
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Capital purchase
The purchase of an item that is a long-term asset such as a building or equipment
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Carbon Disclosure Project (CDP)
An organisation working with companies and cities to disclose the environmental impact of major corporations in the interest of fighting climate change
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