The Basics of Sourcing (Explained in Plain Language)

Ever wondered what all the different purchasing-related acronyms really mean? You’ve come to the right place. Using simple terminology, here is an explanation of the often confusing “alphabet soup” acronyms, which are germane to the world of purchasing and procurement. ERFx An ERFx is an Electronic Request for (x), where “x” stands for Proposal, Quotation,

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