A purchasing and
investment process that takes into account
the economic, environmental, and social
impacts of an entity's spending. See also:
Environmentally Preferable Purchasing.
SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
Opportunities, Threats. A strategic planning tool used to improve organizational
effectiveness; developed by Alfred Humphrey
for business analysis.
The fundamental enabling
structure upon which a system operates,
including technology platforms; software, and
other standards; shared services;
management support; and capabilities.
The process of analyzing
existing systems for the purpose of evaluating
possible improvements in methods and
1. A contract that establishes a source of supply
for a specified period for a large group or
related family of materials
2. A method of procurement designed to
improve the reordering of materials used
repeatedly. May include a catalog with a list
and description of items that can be
See also: Blanket Order.