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Consignee
A person, company, or government
agency, usually the buyer, to whom goods are
to be delivered by the consignor.
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Consignment
The goods or property shipped via
a common carrier from one location to
another.
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Consignment Buying
An arrangement in which a
supplier maintains an inventory of goods on
an entity's site. The entity then draws from the
supplier's stock as needed and only pays for
the goods at that time.
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Consignor
A person or company that ships goods
to another (the shipper).
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Consolidated Purchasing
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Consolidator
A carrier that collects small
shipments from several shippers and then
consolidates them into larger shipments
(truckloads, carloads, or containers) for
delivery to the consignee.
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Consortium
A partnership, association, or society
of suppliers. See also: Cooperative
Procurement (Purchasing).
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Construction
The process of using labor to build,
alter, repair, improve, or demolish any
structure, building, or public improvement;
generally does not apply to routine
maintenance, repair, or operation (MRO) of
existing real property.
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Construction Management
A service that
provides an entity with effective management
services for all phases of a project (e.g., cost,
scope, schedule) by contracting with a thirdparty
that acts as its agent.
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Construction Manager at Risk (CMR)
A project
delivery system in which a Construction
Manager, acting as an entity's general
contractor, is contracted to advise the
designer and builder and deliver a project
within a guaranteed maximum price (GMP).
