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Purchase Requisition
A document or electronic form used to formally request the purchase of goods or services within an organization.
Purchase Order
An official document issued by a buyer to a seller, indicating the type, quantities, and agreed prices for products or services.
Invoice
A document issued by a seller to a buyer that specifies the goods or services provided, their prices, and the total amount owed.
Six Sigma
A set of techniques and tools for process improvement, aimed at reducing defects and improving quality by using a data-driven approach.
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