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A Procurement Outsourcing Contract That Covers Approval Workflow,material Acquisition,purchase Order,expediting,material

Question 23

Multiple Choice

A procurement outsourcing contract that covers approval workflow,material acquisition,purchase order,expediting,material and invoice receipt,invoice payment,financial performance,compliance management,policies and procedures,and performance and results reporting is called:


A) procure-to-contract (P2P) .
B) source-to-contract (S2C) .
C) procure-to-pay (P2P) .
D) source-to-pay (S2P) .
E) third party logistics (3PL) .

Correct Answer:

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