Procurement Process Terms

Question 1

Beschaffung / Einkauf

Answer 1

Procurement - Procurement ensures we have the materials we need.

Question 2

Lieferant / Anbieter

Answer 2

Supplier / Vendor - We have several reliable suppliers in Europe.

Question 3

Bestellanforderung / Bedarfsanforderung

Answer 3

Purchase Requisition (PR) - Please create a requisition for new office chairs.

Question 4

Bestellung / Auftragsbestätigung

Answer 4

Purchase Order (PO) - The purchase order has been approved by Finance.

Question 5

Ausschreibung / Angebotsanfrage

Answer 5

Request for Proposal (RFP) - The company issued an RFP for IT services.

Question 6

Preisabfrage / Angebotsanfrage

Answer 6

Request for Quotation (RFQ) - We sent an RFQ to three potential vendors.

Question 7

Endgültiges Angebot

Answer 7

Best and Final Offer (BAFO) - We received the supplier’s BAFO yesterday.

Question 8

Direkte Beschaffung

Answer 8

Direct procurement - Steel is part of our direct procurement.

Question 9

Indirekte Beschaffung

Answer 9

Indirect procurement - Office supplies fall under indirect procurement.