Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

Search the Dictionary of Terms

Search Results: 2101-2110 of 2469 results

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    A process used to screen the entity's Inventory to determine which items should be consolidated, updated, or no longer maintained in Inventory.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

  • Single Sourcing

    A procurement decision whereby purchases are directed to one source because of standardization, warranty, or other factors, even though other competitive sources may be available.

    See Also: Sole Sourcing

  • Site Inspection

    Visit to the actual location where the contract is to be performed by potential bidders or proposers to become familiar with site conditions. May be held in conjunction with a pre-bid or pre-proposal conference.

  • Six Sigma

    Six Sigma is a problem-solving methodology that helps enhance business and organizational operations. It can also be defined in a number of other ways: a quality level of 3.4 defects per million opportunities, a rate of improvement of 70 percent or better, a data-driven, problem-solving methodology of Define-Measure-Analyze-Improve-Control, and an initiative taken on by organizations to create bottom-line breakthrough change. (Gygi, Williams, & Covey, 2012)

  • Skid

    A wood or metal platform fitted with two runners, or with legs, upon which material is placed or transported.

  • Skills Gap

    Gap between skills required for emerging jobs and the skills of workers. A stress metric pushing employers to provide additional training opportunities for their employees. A possible factor in labor hour contracts where training is a component of the labor rate. (Business, 2002)

  • SKU


    See Also: Stock-Keeping Unit (SKU)

  • SLA


    See Also: Service Level Agreement (SLA)

  • Slap and Ship

    A supply management term used to describe the process of applying RFID tags in the distribution center prior to shipment. (ISM, 2000)

Advertisement

Advertisement