Operations Glossary
Import Duty
Tax charged on goods entering a country, based on their classified value.
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Buying — requisitions and approvals, RFQs and quotation comparison, purchase orders and receiving, three-way matching, supplier prequalification, and landed cost.
Operations Glossary
Tax charged on goods entering a country, based on their classified value.
Operations Glossary
Purchasing made outside approved processes or contracts.
Operations Glossary
A PO that has been issued but not yet fully received and invoiced.
Operations Glossary
The end-to-end process from requisition to supplier payment.
Operations Glossary
Shopping a supplier’s live catalogue from inside your own purchasing system.
Operations Glossary
A formal buyer document authorising a purchase from a supplier.
Operations Glossary
An internal request to buy, submitted for approval before a PO is raised.
Operations Glossary
Buying from one supplier without competition, on documented grounds.
Operations Glossary
The share of total spend actively controlled by procurement.
Operations Glossary
A data-driven approach to selecting suppliers for long-term value.
Operations Glossary
A formal, structured competitive bidding process, common in public buying.
Operations Glossary
Verifying a supplier invoice against the PO and the goods received before paying.
RFQ & Quotation Comparison
When vendors respond to an RFQ, AWRA ranks the quotes by price, distance, and delivery time, then writes a plain-language summary recommending the best vendor and explaining the trade-offs. Editing a quote re-runs the analysis automatically, and the recommendation is advisory — a human approves the award.
Strategic Sourcing
Strategic sourcing helps teams evaluate suppliers, compare options, and improve procurement decisions with stronger visibility.
Strategic Sourcing
Strategic Sourcing tracks vendor performance — spend, on-time delivery, lead time, quality, disputes, and price drift — in reliability scorecards, with a plain-language AI assessment of whether to rely on, watch, or review each vendor. Approved suppliers carry their prequalification provenance through to these scorecards.
Supplier Prequalification
Each application gets an advisory AI suitability score (0–100) with a short rationale and risk flags — based on the supplier's details, document completeness, and any custom fields. Reviewers can compare applicants by category, request more information, approve, or reject. AI is advisory only; a human always makes the final decision.
Vendor Portal
The vendor portal helps suppliers and internal teams collaborate on RFQs, quotations, purchase orders, shipping updates, and document exchange.
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