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Small Value Orders
Purchases or orders of relatively low monetary value, which might not warrant the same level of procurement scrutiny as larger expenditures.
E-Procurement System
An electronic system that automates the purchasing and procurement processes of organizations.
Small Dollar Value
Transactions or items that have a low monetary worth but may occur frequently within a business or transactional context.
Original Delivery Promise
The initial commitment made by a supplier regarding the delivery time of goods or services.
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