Direct Material Procurement definition

Direct Material Procurement. Purchasing and quality assurance from and of Suppliers of car component tooling, car components, vehicle software and related development activities.
Direct Material Procurement. Purchasing and quality assurance from and of Suppliers of car component tooling, car components, vehicle software and related development activities. “Indirect Procurement” - Purchasing of Non-Production Material, Services and IT. “SQM” means Supplier Quality Management, function within Direct Procurement that quality assures suppliers and the car components that they supply to Volvo Cars.
Direct Material Procurement. Purchasing from and quality assurance of suppliers of car component tooling, car components, vehicle software and related development activities. “FMTM” or “Future Model Technical Meeting” means the operational level, cross- functional alignment meeting between Service Provider and Purchaser as further defined in Appendix 3 (Governance and Change Structure). “Indirect Procurement” – Purchasing of non-production material, Services and IT. “SQM” means Volvo Cars Quality Management, function within Direct Procurement that quality assures suppliers and the car components that they supply to Volvo Cars. ”GC” or “Global Counsel” means Volvo Car Procurement´s meetings/meeting for decisions on supplier selection as further described in Appendix 3 (Governance and Change Structure).

Examples of Direct Material Procurement in a sentence

  • PS23-074 Restated Service Agreement (RoW) 7 Appendix 1.1 – Service Specification Manufacturing Engineering and Logistics and Appendix 1.2 – Service Specification Direct Material Procurement; Appendix 2 – Governance and Changes Structure; Appendix 3 – Fee.

Related to Direct Material Procurement

  • Cooperative procurement means procurement conducted by, or on behalf of:

  • e-Procurement means the use of information and communication technology (especially the internet) by the Procuring Entity in conducting its procurement processes with bidders for the acquisition of goods (supplies), works and services with the aim of open, non discriminatory and efficient procurement through transparent procedures;

  • The Material/ Product means all the materials along with the accessories which the contractor is required to supply to the Bank under the Contract.

  • Project Material means all Material:

  • FIRM PROCUREMENT means the agreement between the parties for mutually agreed terms and conditions with commitment of Quantity Ordered.