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CombineNet Glossary: Strategic Sourcing and Procurement Solution Terms and Definitions

As a helpful guide to terms related to sourcing, procurement, and CombineNet, we offer this online glossary and links to additional resources to learn more about sourcing and procurement solutions. Please click on a section below to obtain terms and learn more:

• Sourcing Approaches & Definitions (examples: advanced sourcing, strategic sourcing, tendering)
• Supplier Bidding Tools & Approaches (examples: expressive bidding, reverse auction, RFP)
• Spend Types/Spend Categories (examples: direct materials, indirect spend)
• The Procurement & Sourcing Organizations (examples: CPO, sourcing center of excellence)
• Supplier Relationships & Supply Chain (examples: expressive feedback, supplier relationship management)
• Spend Analysis & Management (example: spend under management)
• Transportation Sourcing/Procurement & Logistics Management (examples: TMS, logistics management)