Examlex
What information is required in the introductory section of a state or local government's CAFR?
Purchased Materials
Goods and components bought from external suppliers for use in manufacturing processes or for resale.
Commodity Manager
A professional responsible for procuring raw materials, goods, or services in a specific commodity area, often focusing on strategy, supplier selection, and price negotiation.
Reshoring
The practice of bringing manufacturing and production back to a company's original country from overseas to improve control and reduce costs.
Global Sourcing
The practice of sourcing goods and services from the global market, exploiting global efficiencies in the cost and quality of products and services.
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