Procurement Lexicon – Terminologies – T Series
![Venkadesh Narayanan](https://blog.fhyzics.net/hubfs/vengadesh-narayanan.png)
31 August 2023
Tacit: Tacit refers to knowledge, information, or understanding that is not explicitly documented...
78 minutes read
Tacit: Tacit refers to knowledge, information, or understanding that is not explicitly documented...
Safety Performance Index (SPI): The Safety Performance Index (SPI) is a crucial metric used in the...
Radical Change: Radical Change refers to a significant and transformative shift in an...
Qualified Bid: A "Qualified Bid" in procurement refers to a formal proposal submitted by a supplier...
Packaging: Packaging, in the context of procurement and supply chain management, refers to the...