Product Suite

Supply Chain Glossary - B

Supply Chain Glossary - B

business unit

A division or segment of an organization generally treated as a separate profit-and-loss center.

An individual whose functions may include supplier selection, negotiation, order placement, supplier follow-up, measurement and control of supplier performance, value analysis, and evaluation of new materials and processes. In some companies, the functions of order placement and supplier follow-up are handled by the supplier scheduler.


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