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Supply Management Handbook

Tools & Resources

From benchmarking data to practical tools to study materials, find the information you need right here.

Glossary of Key Supply Management Terms TERM OF THE DAY:

REBATE

A legitimate refund in the form of cash or discounts made to a purchasing organization in consideration for the purchase of a stipulated quantity or dollar volume within a specified time frame. Rebates lower total cost and should be documented as part of the total value the supplier provides.