The latest addition to the WAND Taxonomy library is the WAND Procurement Taxonomy, comprised of 145 categories and 124 synonyms. Procurement is an important operational function for any organization and this taxonomy is ideal for tagging and organizing documents and content related to the procurement process.
This taxonomy includes terms related to procurement process, procurement implementation, procurement methods, procurement planning and tendering.
Also covered are suppliers including approved suppliers list, qualifying suppliers, supplier communication, evaluation and standards, as well as the types of procurement.
Source: Wand Inc.