IT service management & procurement
Terms related to the activities and procedures necessary to acquire information technology (IT) products and services.- procure to pay (P2P) - Procure to pay is the process of requisitioning, purchasing, receiving, paying for and accounting for goods and services.
- procurement card - A procurement card is a type of company charge card used in making smaller purchases for greater cost efficiency, control and convenience.
- procurement plan - A procurement plan -- also called a procurement management plan -- is a document that justifies the need for an external supplier and explains how the process of finding a supplier will be performed.
- procurement software - Procurement software is a computer program or suite that allows an organization to automate the processes of purchasing materials and maintaining an inventory of goods.
- Producer Price Index (PPI) - The Producer Price Index (PPI) is an economic measurement of the average change in prices that domestic producers of goods receive for their products in a given country or region.
- progressive delivery - Progressive delivery is the process of pushing changes to a product iteratively -- first to a small audience and then to increasingly larger audiences to maintain quality control (QC).