Dictionary of Procurement Terms

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Search Results: 61-70 of 214 results for “S”

  • Shipper’s Load and Count

    Where the contents of a Conveyance were loaded and counted by the shipper, and not checked or verified by the transportation agency.Where the contents of a conveyance were loaded and counted by the shipper, and not checked or verified by the transportation agency.

  • Shipping

    The activities performed in preparation of the outgoing shipment of products and material, which may include packaging, marking, weighing, and loading for shipment.

  • Shipping List

    A memorandum that includes all items shipped at one time on a given order.

  • Short List

    Names of candidates that have been narrowed considerably from a longer list of top-ranked or top-scored offerors.

  • Shortage

    The situation resulting when the quantity demanded exceeds the quantity supplied of a good or service, usually because the price is for some reason below the equilibrium price in the market. Shortages generally drive up prices and create a seller's market. (Schiller, 2000)

  • Show Cause Notice

    A written notice issued to a contractor when termination for default appears to be appropriate or imminent. It provides the contractor with an opportunity to explain why the contract should not be terminated for default. If the contract breach or poor performance is not corrected, the entity may subsequently issue a termination for default.

  • Shrinkage

    Refers to inventory that is lost, stolen, misplaced or otherwise unaccounted for.

  • SIC Code


    See Also: Standard Industrial Classification (SIC) Code

  • Simplification Program

    A process used to screen the entity's Inventory to determine which items should be consolidated, updated, or no longer maintained in Inventory.

  • Single Sampling Plan

    The sampling procedure that uses a single sample size with associated acceptance and rejection criteria.

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