Specification Lock When what to buy is already decided before procurement is consulted — like being asked to inspect a meal after it's been served.
Strategic Sourcing A structured process for picking suppliers based on total value (quality, reliability, innovation), not just the lowest price.
RFP Request for Proposal — a formal document sent to suppliers asking them to bid on a specific project with their best offer.
Cycle Time How long it takes from identifying a need to signing a contract — shorter is better when it doesn't sacrifice quality.
Tiered Service Model Different levels of procurement support based on how important or risky the purchase is — like express lanes vs. full service.
Stakeholder NPS Net Promoter Score — a simple survey asking stakeholders: "Would you recommend early procurement involvement to a peer?"